Mizuho discloses 0% NETD ownership in Nabors Energy (NETD)

Rhea-AI Filing Summary

Mizuho Financial Group, Inc. reports that it beneficially owns 0 common shares of Nabors Energy Transition Corp. II, representing 0.0% of the class as of December 31, 2025. The filing lists no sole or shared voting or dispositive power over the issuer’s common shares.

The company is identified as a parent holding company, with a note that Mizuho Financial Group, Mizuho Bank, Ltd., and Mizuho Americas LLC may be deemed indirect beneficial owners of equity securities directly held by their wholly owned subsidiary, Mizuho Securities USA LLC. The filing confirms that any securities referenced were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Nabors Energy Transition Corp. II

(Name of Issuer)

Common Shares

(Title of Class of Securities)

G6363K106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G6363K106

1

Names of Reporting Persons

Mizuho Financial Group, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

JAPAN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: Mizuho Financial Group, Inc., Mizuho Bank, Ltd. and Mizuho Americas LLC may be deemed to be indirect beneficial owners of said equity securities directly held by Mizuho Securities USA LLC which is their wholly-owned subsidiary.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Nabors Energy Transition Corp. II
(b)	Address of issuer's principal executive offices: 515 West Greens Road, Suite 1200, Houston, TX 77067
Item 2.
(a)	Name of person filing: Mizuho Financial Group, Inc.
(b)	Address or principal business office or, if none, residence: 1-5-5, Otemachi, Chiyoda-ku, Tokyo, 100-8176, Japan
(c)	Citizenship: Japan
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: G6363K106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Parent Holding Company
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Parent Holding Company is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Mizuho Financial Group, Inc.

Signature:	/s/ Takahiro Katsura
Name/Title:	Takahiro Katsura, Managing Director, Global Corporate Function Coordination Department
Date:	02/12/2026

FAQ

What ownership in NETD does Mizuho report in this Schedule 13G/A?

Mizuho Financial Group, Inc. reports beneficial ownership of 0 common shares of Nabors Energy Transition Corp. II (NETD), representing 0.0% of the class as of December 31, 2025. The filing also shows no sole or shared voting or dispositive power.

Which entity is the reporting person for this NETD Schedule 13G/A?

The reporting person is Mizuho Financial Group, Inc., a parent holding company organized in Japan. The filing notes that Mizuho Bank, Ltd. and Mizuho Americas LLC may be deemed indirect beneficial owners through their wholly owned subsidiary, Mizuho Securities USA LLC.

What does the 0.0% ownership disclosed mean for NETD shareholders?

The filing states Mizuho holds 0.0% of NETD’s common shares, indicating no reportable beneficial ownership under Schedule 13G standards. It signals that Mizuho has neither voting nor dispositive power over the issuer’s common shares as of the reported date.

On what date is Mizuho’s NETD ownership information measured?

The ownership information is measured as of December 31, 2025, identified as the “Date of Event Which Requires Filing of this Statement.” All reported figures, including the 0 shares and 0.0% ownership, relate specifically to that date for Nabors Energy Transition Corp. II.

How does Mizuho describe the purpose of holding any NETD securities?

Mizuho certifies any referenced securities were acquired and held in the ordinary course of business and not for changing or influencing control of Nabors Energy Transition Corp. II. The certification also states they are not held in connection with any control-related transaction.

What regulatory status does Mizuho claim in this NETD filing?

Mizuho identifies itself as a parent holding company under the relevant Schedule 13G rules. It also certifies that the foreign regulatory scheme applicable to the parent holding company is substantially comparable to the scheme applicable to functionally equivalent U.S. institutions.