# EDGAR Filing Document

**Accession Number:** 0001937147
**File Stem:** 0002073679-25-000041
**Filing Date:** 2025-11
**Character Count:** 11348
**Document Hash:** e6c9a61541891c895ba87a456a99aae2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002073679-25-000041.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0002073679-25-000041

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**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/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94277
- **FILM NUMBER:** 251474819

**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:** Funicular Funds, LP
- **CENTRAL INDEX KEY:** 0001937147

**ORGANIZATION NAME:**
- **EIN:** 882460308
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 2261 MARKET STREET
- **STREET 2:** #4307
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94114
- **BUSINESS PHONE:** 4158571965

**MAIL ADDRESS:**
- **STREET 1:** 2261 MARKET STREET
- **STREET 2:** #4307
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94114

### Attached PDF Documents

**Attachment 1:** `exhibita.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

**(Amendment No. 1)**

**Nabors Energy Transition Corp. II**

*(Name of Issuer)*

**Class A Ordinary Shares, $0.0001 par value**

*(Title of Class of Securities)*

**G6363K106**

*(CUSIP Number)*

**Jacob Ma-Weaver**<br>601 California Street<br>Suite 1151<br>San Francisco CA 94108<br>(415) 857-1965

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

**11/10/2025**

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

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

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Funicular Funds, LP** | Name of reporting person<br>**Funicular Funds, LP** | |
| 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>**3160692.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3160692.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3160692.00** | Aggregate amount beneficially owned by each reporting person<br>**3160692.00** | |
| 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>**23.0%** | Percent of class represented by amount in Row (11)<br>**23.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

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

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Cable Car Capital, LP** | Name of reporting person<br>**Cable Car Capital, LP** | |
| 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>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 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>**3160692.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3160692.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3160692.00** | Aggregate amount beneficially owned by each reporting person<br>**3160692.00** | |
| 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>**23.0%** | Percent of class represented by amount in Row (11)<br>**23.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

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

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Jacob Ma-Weaver** | Name of reporting person<br>**Jacob Ma-Weaver** | |
| 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>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 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>**3160692.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3160692.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3160692.00** | Aggregate amount beneficially owned by each reporting person<br>**3160692.00** | |
| 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>**23.0%** | Percent of class represented by amount in Row (11)<br>**23.0%** | |
| 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, $0.0001 par value

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

**(c) Address of Issuer's Principal Executive Offices:**
515 W. GREENS ROAD, SUITE 1200, HOUSTON, TX, 77067

**Item 4. Purpose of Transaction**

Item 4 is hereby amended to add the following:

The Reporting Persons have voted against the proposals presented at the extraordinary general meeting scheduled to be held on November 14, 2025, and have not elected to redeem shares in connection with the meeting. The Reporting Persons believe that the Issuer's stated intent to process redemptions irrespective of the vote outcome is outside of normal market practice. In the opinion of the Reporting Persons, proceeding with the meeting prior to commencing a formal winding up process is unnecessary.

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

**(a)**
Item 5(a) is hereby amended and restated to read as follows:

The aggregate percentage of Shares reported owned by the Reporting Persons is based on 13,724,863 Shares outstanding as of August 14, 2025, which is the total number of Shares outstanding as reported on the cover page of the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 14, 2025.

As of the close of business on November 12, 2025, the Fund beneficially owned 3,160,692 Shares, constituting approximately 23.0% of the Issuer's outstanding Shares. Cable Car, as the general partner of the Fund, may be deemed the beneficial owner of the 3,160,692 Shares owned by the Fund. Mr. Ma-Weaver, as the Managing Member of Cable Car, may be deemed the beneficial owner of the 3,160,692 Shares owned by the Fund

**(b)**
Item 5(b) is hereby amended and restated to read as follows:

Funicular Funds, LP - 3,160,692
Cable Car Capital, LP - 3,160,692
Jacob Ma-Weaver - 3,160,692

**(c)**
Schedule A is incorporated herein by reference

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

There are no contracts, arrangements, understandings, or relationships between the Reporting Persons and any other person with respect to the securities of the Issuer.

### 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:** Funicular Funds, LP

**Signature:** Jacob Ma-Weaver

**Name/Title:** Managing Member of the General Partner

**Date:** 11/12/2025

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:** Cable Car Capital, LP

**Signature:** Jacob Ma-Weaver

**Name/Title:** Managing Member

**Date:** 11/12/2025

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:** Jacob Ma-Weaver

**Signature:** Jacob Ma-Weaver

**Name/Title:** Jacob Ma-Weaver

**Date:** 11/12/2025