# EDGAR Filing Document

**Accession Number:** 0001940093
**File Stem:** 0001193125-25-302737
**Filing Date:** 2025-11
**Character Count:** 12992
**Document Hash:** fcf6b13d635c93034de6e87dc12279f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-302737.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001193125-25-302737

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nabors Energy Transition Corp. II
- **CENTRAL INDEX KEY:** 0001975218
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94277
- **FILM NUMBER:** 251536871

**BUSINESS ADDRESS:**
- **STREET 1:** 515 W. GREENS ROAD
- **STREET 2:** SUITE 1200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77067
- **BUSINESS PHONE:** (281) 874-0034

**MAIL ADDRESS:**
- **STREET 1:** 515 W. GREENS ROAD
- **STREET 2:** SUITE 1200
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77067
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ATG Fund II LLC
- **CENTRAL INDEX KEY:** 0001940093

**ORGANIZATION NAME:**
- **EIN:** 882296572
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ATG CAPITAL MANAGEMENT, LLC
- **STREET 2:** 805 N. MILWAUKEE AVE., STE. 301
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60642
- **BUSINESS PHONE:** (786) 519-0995

**MAIL ADDRESS:**
- **STREET 1:** C/O ATG CAPITAL MANAGEMENT, LLC
- **STREET 2:** 805 N. MILWAUKEE AVE., STE. 301
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60642

### Attached PDF Documents

**Attachment 1:** `ck0000000000-ex99_1.pdf`

_No text found in this document._

**Attachment 2:** `ck0000000000-ex99_2.pdf`

_No text found in this document._

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Nabors Energy Transition Corp. II**

*(Name of Issuer)*

**Class A ordinary shares, par value $0.0001 per share**

*(Title of Class of Securities)*

**G6363K106**

*(CUSIP Number)*

**Gabriel Gliksberg**<br>ATG Capital Management, LLC<br>16690 Collins Ave, Suite 1103<br>Sunny Isles Beach FL 33160<br>(786)-519-0995

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**11/20/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G6363K106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**ATG Fund II LLC** | Name of reporting person<br>**ATG Fund II LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**479478.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**479478.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**479478.00** | Aggregate amount beneficially owned by each reporting person<br>**479478.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.97%** | Percent of class represented by amount in Row (11)<br>**9.97%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **G6363K106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**ATG Capital Management, LLC** | Name of reporting person<br>**ATG Capital Management, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**479478.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**479478.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**479478.00** | Aggregate amount beneficially owned by each reporting person<br>**479478.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.97%** | Percent of class represented by amount in Row (11)<br>**9.97%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **G6363K106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Gabriel Gliksberg** | Name of reporting person<br>**Gabriel Gliksberg** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**479478.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**479478.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**479478.00** | Aggregate amount beneficially owned by each reporting person<br>**479478.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.97%** | Percent of class represented by amount in Row (11)<br>**9.97%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A ordinary shares, par value $0.0001 per share

**(b) Name of Issuer:**
Nabors Energy Transition Corp. II

**(c) Address of Issuer's Principal Executive Offices:**
515 West Greens Road, Suite 1200, Houston, TX, 77067

This statement on Schedule 13D (the "Schedule 13D") relates to the Class A ordinary shares, par value $0.0001 per share (the "Class A Ordinary Shares") of Nabors Energy Transition Corp. II (the "Issuer "). The Issuer 's principal executive offices are at 515 West Greens Road, Suite 1200, Houston, Texas 77067.

**Item 4. Purpose of Transaction**

The Reporting Persons acquired the position in the Class A Ordinary Shares of the Issuer in the belief that the Class A Ordinary Shares represented an attractive investment opportunity. The acquisitions of the Class A Ordinary Shares were made in the ordinary course of the Reporting Persons' investment activities and are currently held for investment purposes.

The Reporting Person believes that Issuer's apparent intention to redeem or liquidate securities of the Issuer while Nabors Energy Transition Sponsor II LLC, the sponsor of the issuer (the "Sponsor"), will retain for itself certain valuable assets or consideration received in connection with the Issuer's prior failed transaction is improper and inconsistent with the Issuer's and the Sponsor's fiduciary and contractual obligations to the Issuer's shareholders.

In the Reporting Person's view, any termination fees, rights, claims, or other contingent or actual assets generated during the Issuer's business combination process belong to the Issuer and must be allocated pro rata among all shareholders of the Issuer. The Reporting Person considers any attempt by the Sponsor to appropriate such assets for its own benefit-while shareholders of the Issuer are limited to the cash held in the trust account-to be unacceptable.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Each of the Reporting Persons may be deemed to beneficially own 479,478 Class A Ordinary Shares of the Issuer, which represents approximately 9.97% of the Class A Ordinary Shares outstanding, based on 13,724,863 Class A Ordinary Shares outstanding as of November 13, 2025, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 13, 2025 less the Class A Ordinary Shares the Issuer purported to redeem in connection with the Extraordinary General Meeting held on November 14, 2025, as reported in the Issuer's 8-K filed with the Securities and Exchange Commission on November 17, 2025. The Class A Ordinary Shares reported herein are directly held and beneficially owned by ATG Fund II. Each of Mr. Gliksberg and ATG Capital Management may be deemed to beneficially own the Class A Ordinary Shares directly held by ATG Fund II due to their relationships with ATG Fund II as described above in Item 2(a). Such information regarding the relationships among the Reporting Persons in Item 2(a) is incorporated herein by reference.

**(b)**
Items 7 through 10 of the cover pages of this Schedule 13D for each of the Reporting Persons are incorporated herein by reference.

**(c)**
The transactions on the Schedule of Acquisitions and Dispositions is incorporated herein by reference. All transactions were completed through broker-dealers in market transactions. Other than as set forth on the schedule, none of the Reporting Persons has effected any transactions in the Class A Ordinary Shares during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Not applicable.

### 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.

**Reporting Person:** ATG Fund II LLC

**Signature:** /s/ Gabriel Gliksberg

**Name/Title:** Gabriel Gliksberg/Managing Partner

**Date:** 11/28/2025

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.

**Reporting Person:** ATG Capital Management, LLC

**Signature:** /s/ Gabriel Gliksberg

**Name/Title:** Gabriel Gliksberg/Managing Partner

**Date:** 11/28/2025

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.

**Reporting Person:** Gabriel Gliksberg

**Signature:** /s/ Gabriel Gliksberg

**Name/Title:** Gabriel Gliksberg/Self

**Date:** 11/28/2025