[Form 3] Nabors Energy Transition Corp. II Warrant Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Mizuho Securities USA LLC filed a Form 3 disclosing its initial beneficial ownership in Nabors Energy Transition Corp. II (NETB) as of 07/21/2025. The firm directly holds 1,800,000 common shares, qualifying it as a 10% owner under Section 16(a). The filing shows no derivative securities and lists no indirect ownership structures. This document simply establishes Mizuho’s reportable stake and fulfills statutory disclosure requirements; it contains no financial performance data, guidance or transactional details.

Positive

• Transparency: The filing clarifies that Mizuho Securities USA LLC directly controls 1,800,000 NETB shares, providing investors with clear ownership information.

Negative

• None.

Insights

Corporate Governance Analyst

TL;DR: Routine Form 3: Mizuho discloses 1.8 MM NETB shares, becoming a 10% owner; no derivatives or financial impact.

The filing is a straightforward beneficial ownership disclosure. It signals that Mizuho has crossed the 10% threshold, triggering Section 16 reporting obligations. Because it neither involves a purchase/sale event nor alters capital structure, the immediate market impact is typically neutral. Investors gain visibility into a sizeable institutional position, but the document offers no insight into Mizuho’s investment horizon or strategic intent. Overall, this is standard compliance information with limited valuation implications.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

MIZUHO SECURITIES USA LLC

(Last) (First) (Middle)

1271 AVENUE OF THE AMERICAS

FLOORS - 2,3,4,18,19

(Street)

NEW YORK NY 10020

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/21/2025

3. Issuer Name and Ticker or Trading Symbol
Nabors Energy Transition Corp. II [ NETB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,800,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Gregory Doig	07/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Why did Mizuho Securities USA LLC file a Form 3 for NETB?

Crossing the 10% ownership threshold (1,800,000 common shares) triggers a mandatory initial beneficial ownership filing under Section 16(a).

How many Nabors Energy Transition Corp. II shares does Mizuho own?

The Form 3 lists 1,800,000 common shares held directly by Mizuho Securities USA LLC.

Does the Form 3 include any derivative securities?

No. Table II is blank, indicating no derivative positions were reported.

Is this filing likely to affect NETB’s stock price?

Form 3 filings are routine disclosures; by themselves they typically have minimal immediate price impact.

When was the beneficial ownership position established?

The event date requiring disclosure is listed as 07/21/2025.