Form D
View Original Filing
Notice of Exempt Offering of Securities
Item 1. Issuer's Identity
Name of Issuer:
NABORS INDUSTRIES LTD
Jurisdiction of Incorporation/Organization
BERMUDA
Year of Incorporation/Organization
Over Five Years Ago
Item 2 Issuer Principal Place of Business and Contact Information
CROWN HOUSE 4 PAR-LA-VILLE ROAD
SECOND FLOOR
HAMILTON, PEMBROKE, D0 HM08
Phone Number:
subscription required
Item 3. Related Persons
Name
ANTHONY PETRELLO
Address
subscription required
Relationship(s)
- EXECUTIVE OFFICER
- DIRECTOR
Clarification of Response
CHAIRMAN OF THE BOARD, PRESIDENT AND CHIEF EXECUTIVE OFFICER
Item 3. Related Persons
Name
WILLIAM RESTREPO
Address
subscription required
Relationship(s)
Clarification of Response
CHIEF FINANCIAL OFFICER
Item 3. Related Persons
Name
MARK ANDREWS
Address
subscription required
Relationship(s)
Clarification of Response
CORPORATE SECRETARY
Item 3. Related Persons
Name
TANYA BEDER
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
ANTHONY CHASE
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
JAMES CRANE
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
JOHN KOTTS
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
MICHAEL LINN
Address
subscription required
Relationship(s)
Clarification of Response
Item 3. Related Persons
Name
JOHN YEARWOOD
Address
subscription required
Relationship(s)
Clarification of Response
Item 4. Industry Group
OIL AND GAS
Item 5. Issuer Size
Revenue Range (for issuer not specifying "hedge" or "other investment" fund in Item 4 above)
DECLINE TO DISCLOSE
Item 6. Federal Exemptions and Exclusions Claimed
Item 7. Type of Filing
New Notice
Date of First Sale in this Offering:
07/01/2021
Item 8. Duration of Offering
Does the issuer intend this offering to last more than one year?
No
Item 9. Type(s) of Securities Offered
Item 10. Business Combination Transaction
Is this offering being made in connection with a business combination
transaction, such as a merger, acquisition or exchange offer?
Yes
Clarification of Response
THIS OFFERING IS TO BE MADE AS CONSIDERATION PURSUANT TO TWO AGREEMENTS TO ACQUIRE CERTAIN INTELLECTUAL PROPERTY AND RELATED ASSETS AS WELL AS A LICENSE FOR ADDITIONAL INTELLECTUAL PROPERTY.
Item 11. Minimum Investment
Minimum Investment accepted from any outside investor
7500000
Item 13. Offering and Sales Amounts
Total Offering Amount
31400000
Total Amount Sold
0
Total Remaining to be Sold
31400000
Clarification of Response
REPRESENTS THE MAXIMUM TOTAL VALUE OF SHARES TO BE ISSUED PURSUANT TO TWO ASSET PURCHASE AGREEMENTS ENTERED INTO BETWEEN THE SAME PARTIES ON JULY 1, 2021 WITH AN AGGREGATE OF $16.4 MILLION AND $15 MILLION IN SHARES AS CONSIDERATION IN EACH, RESPECTIVELY.
Item 14. Investors
Securities in the offering have been or may be sold to persons
who do not qualify as accredited investors,
Number of non-accredited investors who already have invested in the offering:
Total number of investors who already have invested in the offering:
1
Item 15. Sales Commissions and Finders' Fees Expenses
Sales Commissions:
0.0
Finders' Fees
0.0
Clarification of Response
Item 16. Use of Proceeds
Provide the amount of the gross proceeds of the offering
that has been or is proposed to be used for payments to any of the persons required
to be named as executive officers,directors or promoters in response to Item 3 above.
0.0
Clarification of Response
Signature and Submission
Issuer Name
NABORS INDUSTRIES LTD
Issuer Signature
/S/ MARK D. ANDREWS
Signer Name
MARK D. ANDREWS
Signer Title
CORPORATE SECRETARY
Signature Date
07/16/2021
