Special Purpose Acquisition Company (Tables)

9 Months Ended

Sep. 30, 2024

NETC II

Special Purpose Acquisition Companies

Schedule of Special Purpose Acquisition Companies effects on changes in non-controlling interest subject to possible redemption

The following table summarizes NETC II’s effects on changes in non-controlling interest subject to possible redemption.

	2024		2023
	(In thousands)
Balance, beginning of year	$	315,488	$	—
Initial public offering		—		294,474
Net earnings		12,521		3,214
Nabors deemed dividends to SPAC public shareholders		—		5,583
Noncontrolling interest deemed dividends to SPAC public shareholders		—		7,993
Balance as of September 30	$	328,009	$	311,264