SCHEDULE: Mizuho Financial Group Discloses 7.7% Stake in Rising Dragon

Mizuho Financial Group, Inc. has disclosed a 7.7% beneficial ownership stake in Rising Dragon Acquisition Corp. through its subsidiaries.

Summary

• Mizuho Financial Group, Inc. has filed an Amendment No. 2 to Schedule 13G, disclosing its beneficial ownership in Rising Dragon Acquisition Corp.
• The filing indicates that Mizuho Financial Group, Inc. beneficially owns 580,001 Common Shares of Rising Dragon Acquisition Corp.
• This ownership represents 7.7% of the total class of Common Shares.
• The shares are primarily held by Mizuho Securities USA LLC, a wholly-owned subsidiary, with Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Mizuho Americas LLC being indirect beneficial owners.
• The event requiring this filing occurred on June 30, 2025.
• Mizuho certifies 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.

Sentiment

Score: 5

Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G) and does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or outlook. It simply reports a factual ownership stake.

Positives

• The filing indicates a significant investment by a major financial institution, Mizuho Financial Group, in Rising Dragon Acquisition Corp.
• Mizuho's certification that the shares are held in the ordinary course of business and not for control purposes suggests a passive, long-term investment intent.

Negatives

• No specific negative information is disclosed in this beneficial ownership report.

Risks

• No specific risks related to Rising Dragon Acquisition Corp. or Mizuho's investment are detailed in this beneficial ownership filing.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not provide any forward-looking statements or guidance regarding the issuer's or the reporting person's future plans or financial performance.

Management Comments

• 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.
• The foreign regulatory scheme applicable to Parent Holding Company is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s).

Industry Context

This filing reflects a standard disclosure by a large financial institution, Mizuho Financial Group, regarding its significant passive investment in a publicly traded company, Rising Dragon Acquisition Corp. Such disclosures are routine for institutional investors crossing beneficial ownership thresholds and do not inherently indicate broader industry trends beyond the general activity of financial institutions in the market.

Comparison to Industry Standards

• This filing is a standard Schedule 13G disclosure, which is a regulatory requirement for beneficial ownership exceeding 5%. There are no specific financial results or operational metrics to compare against global benchmarks or comparable companies. The filing's purpose is solely to report an ownership stake.

Corporate Governance

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional investor holding 7.7% of common shares provides transparency regarding the ownership structure. Mizuho's certification of passive investment intent may reassure shareholders.

Next Steps

• No specific future actions or milestones are mentioned in this beneficial ownership filing.

Key Dates

Keywords

Mizuho Financial Group, Rising Dragon Acquisition Corp., Schedule 13G, Beneficial Ownership, Common Shares, Financial Institution, Investment, SEC Filing