SCHEDULE 13G/A: Mizuho Financial Group Discloses 6.9% Stake in Horizon Space Acquisition II Corp.
Beneficial Ownership Disclosure
Mizuho Financial Group, Inc. has filed an amended Schedule 13G, revealing a 6.9% beneficial ownership stake in Horizon Space Acquisition II Corp. as of March 31, 2025.
Summary
- Mizuho Financial Group, Inc. (Mizuho) has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in Horizon Space Acquisition II Corp.
- As of March 31, 2025, Mizuho beneficially owns 625,054 common shares of Horizon Space Acquisition II Corp.
- This ownership represents 6.9% of the common shares outstanding.
- 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.
- Mizuho holds sole voting power and sole dispositive power over all 625,054 shares.
- The filing indicates that 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 disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements.
Industry Context
This filing is a standard disclosure of beneficial ownership by a financial institution in a Special Purpose Acquisition Company (SPAC). Such disclosures provide transparency regarding significant institutional holdings, which can be a factor in market sentiment for SPACs as they typically seek to complete a business combination.
Related Party Transactions
- Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Mizuho Americas LLC are deemed indirect beneficial owners of shares held directly by Mizuho Securities USA LLC, which is their wholly-owned subsidiary.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, which may influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 05/13/2025 | Date the Schedule 13G Amendment No. 1 was signed by Mizuho Financial Group, Inc. |
Keywords
Mizuho Financial Group, Horizon Space Acquisition II Corp, Schedule 13G, Beneficial Ownership, Common Shares, SEC Filing, Investment, Financial Services, SPAC
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