Nabors Energy Transition Extends Deadline to Complete Business Combination

Dow Jones2023-10-14

By Stephen Nakrosis

Blank-check company Nabors Energy Transition said its board extended the date by which the company has to consummate a business combination to Nov. 18 from Oct. 18.

An affiliate of Nabors Energy Transition Sponsor LLC, the company's sponsor, deposited $295,519.23 into a trust account for Nabors Energy Transition, the company said Friday.

In February, the special purpose acquisition company agreed to a business combination with Sydney-based Vast Solar Pty, a renewable-energy company that specializes in concentrated solar-power energy systems.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

October 13, 2023 18:07 ET (22:07 GMT)

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