SCHEDULE: Mizuho Financial Group Discloses 1.2% Stake in Cartesian Growth II

Mizuho Financial Group, Inc. has reported a 1.2% beneficial ownership stake in Cartesian Growth Corporation II, holding 159,400 common shares as of December 31, 2025.

Summary

• Mizuho Financial Group, Inc. (Mizuho) beneficially owns 159,400 Common Shares of Cartesian Growth Corporation II.
• This ownership represents 1.2% of the total class of securities.
• Mizuho holds sole voting power and sole dispositive power over all 159,400 shares.
• Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Mizuho Americas LLC are deemed indirect beneficial owners through their wholly-owned subsidiary, Mizuho Securities USA LLC.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating a previous disclosure of ownership.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine disclosure of beneficial ownership by a financial institution and does not provide new information regarding the issuer's operational or financial performance.

Positives

• The disclosure indicates continued institutional investment by a major financial group in Cartesian Growth Corporation II.

Negatives

• The filing is a routine ownership disclosure and does not contain information typically categorized as negative for the issuer.

Risks

• The filing is a routine ownership disclosure and does not contain information regarding specific risks to the issuer's operations or financial health.

Future Outlook

The filing is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding Cartesian Growth Corporation II's future operations or financial performance.

Management Comments

• Takahiro Katsura, Managing Director, Global Corporate Function Coordination Department of Mizuho Financial Group, Inc., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• Mizuho Financial Group, Inc. certified that its foreign regulatory scheme is substantially comparable to the regulatory scheme applicable to functionally equivalent U.S. institutions.

Industry Context

StockSavvy.ai notes that Mizuho Financial Group, a prominent global financial institution, maintaining a 1.2% stake in Cartesian Growth Corporation II, a Special Purpose Acquisition Company (SPAC), is a routine disclosure of institutional investment. Such holdings are common as financial entities participate in the capital markets, including investments in SPACs which are designed to merge with or acquire a private company.

Comparison to Industry Standards

• Institutional ownership in SPACs like Cartesian Growth Corporation II is a standard practice within the financial industry, with many banks and investment firms holding stakes as part of their broader investment portfolios.
• The 1.2% stake held by Mizuho is a relatively small, non-controlling interest, typical for a passive investment by a large financial institution rather than a strategic acquisition of influence.

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: The disclosure of a 1.2% stake by a major financial institution like Mizuho may offer a minor positive signal regarding institutional confidence, but the small percentage is unlikely to significantly impact shareholder sentiment or company strategy.
• Employees, Customers, Suppliers, Creditors: No direct impact is expected from this beneficial ownership disclosure.

Next Steps

• Mizuho Financial Group, Inc. will continue to file Forms 13G as required with respect to its holdings and transactions in securities of Cartesian Growth Corporation II.

Key Dates

Keywords

Mizuho Financial Group, Cartesian Growth Corporation II, Schedule 13G, Beneficial Ownership, Common Shares, Institutional Investor, Financial Services, SPAC