SCHEDULE 13G/A: Mizuho Financial Group Discloses 9% Stake in Horizon Space Acquisition I Corp.

Mizuho Financial Group, Inc. has filed an amended Schedule 13G, disclosing a 9% beneficial ownership stake in Horizon Space Acquisition I Corp. as of March 31, 2025.

Summary

• Mizuho Financial Group, Inc. (Mizuho) filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Horizon Space Acquisition I Corp.
• As of March 31, 2025, Mizuho beneficially owns 375,210 common shares of Horizon Space Acquisition I Corp.
• This ownership represents 9.0% of the issuer's class of common shares.
• Mizuho Financial Group, Inc. holds sole voting power and sole dispositive power over all 375,210 shares.
• The filing indicates that Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Mizuho Americas LLC are indirect beneficial owners through their wholly-owned subsidiary, Mizuho Securities USA LLC.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment. It provides no operational or financial performance data for the issuer.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the issuer's future performance or Mizuho's future investment intentions beyond the current beneficial ownership disclosure.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, 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."
• "By signing below I certify that, to the best of my knowledge and belief, 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 is a routine disclosure of a significant passive ownership stake by a major financial institution (Mizuho Financial Group) in a publicly traded company (Horizon Space Acquisition I Corp.). It reflects an investment held in the ordinary course of business, typical for large financial groups with diverse investment portfolios, and does not indicate a strategic move to influence the issuer's operations or control.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment intent.

Key Dates

Keywords

Mizuho Financial Group, Horizon Space Acquisition I Corp, Schedule 13G, beneficial ownership, common shares, SEC filing, institutional ownership, financial services, investment banking