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Mizuho Financial Group, Inc. reports beneficial ownership of 568,628 common shares of AI Transportation Acquisition Corp, equal to 8.8% of the class. The filing states Mizuho has sole voting and sole dispositive power over these shares and that shared voting and dispositive powers are zero.
The filing identifies Mizuho as a parent holding company organized in Japan and notes that Mizuho Securities USA LLC, a wholly-owned subsidiary, directly holds the equity securities and may give rise to indirect beneficial ownership by related Mizuho entities. The reporting person certifies the shares were acquired and are held in the ordinary course of business and were not acquired to change or influence control.