SCHEDULE: Mizuho Financial Group Updates Nabors Energy Transition II Ownership

Mizuho Financial Group, Inc. filed an amendment to its Schedule 13G, reporting 0% beneficial ownership of Nabors Energy Transition Corp. II common shares as of December 31, 2025.

Summary

• Mizuho Financial Group, Inc. (Mizuho) filed an Amendment No. 1 to its Schedule 13G regarding its beneficial ownership in Nabors Energy Transition Corp. II.
• As of December 31, 2025, Mizuho Financial Group, Inc. reported 0.00 shares beneficially owned, representing 0.0% of the class of Common Shares.
• Mizuho Financial Group, Inc. is classified as a Parent Holding Company for the purpose of this filing.
• Mizuho Bank, Ltd., Mizuho Americas LLC, and Mizuho Securities USA LLC are identified as relevant subsidiaries, with Mizuho Securities USA LLC being the direct holder of any equity securities.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard regulatory disclosure of beneficial ownership with no material impact on the issuer or the reporting entity's financial position.

Positives

• The filing confirms that Mizuho's holdings, if any, are for ordinary course of business, not for control-influencing purposes, indicating a passive investment stance.
• The foreign regulatory scheme applicable to Mizuho Financial Group, Inc. is certified as substantially comparable to U.S. institutions, demonstrating regulatory compliance.

Negatives

• No beneficial ownership reported by Mizuho Financial Group, Inc. in Nabors Energy Transition Corp. II as of the reporting date, indicating no direct investment by the parent entity.

Risks

• No specific risks related to Nabors Energy Transition Corp. II or Mizuho's operations are mentioned in this ownership disclosure filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the future outlook of Nabors Energy Transition Corp. II or Mizuho Financial Group, Inc.'s investment strategy.

Management Comments

• "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."
• "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)."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors and parent holding companies, indicating passive ownership positions. Mizuho Financial Group, as a major global financial institution, regularly updates its beneficial ownership across various public companies, reflecting its diverse investment and brokerage activities. The 0% ownership reported here suggests either a divestment or a position below the reporting threshold for this specific entity, or that the direct ownership is held by a subsidiary that files separately, and the parent is reporting its indirect beneficial ownership which is also 0%.

Stakeholder Impact

• Shareholders of Nabors Energy Transition Corp. II: Minimal direct impact, as the filing indicates no significant ownership by Mizuho Financial Group.
• Mizuho Financial Group, Inc. investors: Confirms compliance with SEC regulations regarding beneficial ownership disclosures.

Key Dates

Recommendation

This filing is a routine regulatory disclosure of beneficial ownership, reporting 0% ownership by Mizuho Financial Group, Inc. in Nabors Energy Transition Corp. II. It contains no new material information regarding the issuer's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as there is no new information to alter an existing investment thesis.

Keywords

Mizuho Financial Group, Nabors Energy Transition Corp. II, Schedule 13G, Beneficial Ownership, Common Shares, SEC Filing, Financial Institution, Parent Holding Company