SCHEDULE 13G/A: Mizuho Financial Group Discloses 9% Stake in ClimateRock Common Shares

Mizuho Financial Group, Inc. has filed an amended Schedule 13G, confirming its beneficial ownership of 9% of ClimateRock's Common Shares as of December 31, 2024.

Summary

• Mizuho Financial Group, Inc. (Mizuho) has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in ClimateRock.
• As of December 31, 2024, Mizuho beneficially owns 408,381 Common Shares of ClimateRock.
• This ownership represents 9% of ClimateRock's class of securities.
• 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, which directly holds the equity securities.
• Mizuho Financial Group, Inc. is classified as a Parent Holding Company.
• 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: The document is a factual, routine regulatory filing disclosing beneficial ownership, with no inherent positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Management Comments

• Mizuho Financial Group, Inc., Mizuho Bank, Ltd. and Mizuho Americas LLC may be deemed to be indirect beneficial owners of said equity securities directly held by Mizuho Securities USA LLC which is their wholly-owned subsidiary.
• 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 and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

This filing is a routine disclosure by a major financial institution, Mizuho Financial Group, regarding its passive investment stake in ClimateRock. Such disclosures are standard practice for institutional investors holding significant, non-controlling positions in publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, confirming a stable, passive ownership position.

Key Dates

Keywords

Mizuho Financial Group, ClimateRock, Schedule 13G, Beneficial Ownership, Common Shares, Financial Institution, SEC Filing, Equity Stake, Parent Holding Company