Bofa Securities, Inc. - Dec 15, 2023 Form 3 Insider Report for Nabors Energy Transition Corp. (NETC)

Role: 10%+ Owner
Signature: Andres Ortiz, Authorized Signatory on behalf of (BofA Securities, Inc.)
Stock symbol: NETC
Transactions as of: Dec 15, 2023
Transactions value $: $0
Form type: 3
Date filed: 12/20/2023, 02:50 PM
Next filing: Dec 20, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	NETC	Warrants							Dec 15, 2023	Class A common stock	100K	$11.50	By Subsidiary	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 3 is being filed solely due to the redemption of 9,762,392 Class A common stock by shareholders as announced by the Issuer in the Form 8-K filed on 12/15/2023 (the "Redemptions"), in which the Reporting Person did not participate. After the Redemptions, the Reporting Person's aggregate beneficial ownership on Class A common stock was above 10%.
F2	Bank of America Corporation held an indirect interest in the securities listed in Table II by virtue of its indirect ownership of its subsidiary BofA Securities, Inc.