Mizuho Files Schedule 13G/A Reporting 576,300-Share Position in A SPAC III

Rhea-AI Filing Summary

Mizuho Financial Group reports a material passive stake in A SPAC III Acquisition Corp. The filing discloses beneficial ownership of 576,300 common shares, representing 8.8% of the class, with sole voting and dispositive power over those shares. The statement is filed as a Schedule 13G/A and notes parent holding company status, explaining that certain subsidiaries (including a securities affiliate) may be indirect beneficial owners of the securities held by the subsidiary. The certification in the filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

• Beneficial ownership of 576,300 shares representing 8.8% of the class is clearly disclosed
• Sole voting and dispositive power over the reported shares is stated, clarifying control over the position
• Filed as a Schedule 13G/A, with an explicit certification that the holdings are held in the ordinary course and not to influence control
• Parent holding company classification is declared and the filing acknowledges potential indirect ownership via subsidiaries

Negative

• None.

Insights

Financial Analyst

TL;DR: Mizuho holds a sizeable passive stake of 8.8%, reported on Schedule 13G/A, with sole voting and dispositive power.

The filing discloses a meaningful position of 576,300 shares (8.8%) in A SPAC III Acquisition Corp recorded on a Schedule 13G/A. The statement specifies sole voting and dispositive power, which confirms control over voting and disposition of the reported shares, while the certification affirms the securities are held in the ordinary course and not to influence control. From a capital-allocation standpoint, the disclosure signals a material passive equity investment by a large banking group; the filing also clarifies parent-subsidiary relationships that could result in indirect ownership through affiliated entities.

Corporate Governance Expert

TL;DR: The Schedule 13G/A indicates a disclosed, non-control position with parent-holding company reporting and subsidiary involvement noted.

The document is a formal Schedule 13G/A reporting under parent holding company classification and identifies potential indirect ownership via subsidiaries. The registrant asserts the position was not acquired to change or influence issuer control and includes the standard certification language to that effect. For governance monitoring, an 8.8% disclosed stake is material enough to warrant attention from the issuer and other large holders, but the filing’s certification explicitly frames the stake as passive rather than an active control campaign.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

A SPAC III Acquisition Corp.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

G0544A103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G0544A103

1

Names of Reporting Persons

Mizuho Financial Group, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

JAPAN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 576,300.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 576,300.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

576,300.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

FI

Comment for Type of Reporting Person: 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.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: A SPAC III Acquisition Corp.
(b)	Address of issuer's principal executive offices: The Sun's Group Center, 29th Floor 200 Gloucester Road Wan Chai, Hong Kong, 00000
Item 2.
(a)	Name of person filing: Mizuho Financial Group, Inc.
(b)	Address or principal business office or, if none, residence: 1-5-5, Otemachi, Chiyoda-ku, Tokyo, 100-8176, Japan
(c)	Citizenship: Japan
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: G0544A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Parent Holding Company
Item 4.	Ownership
(a)	Amount beneficially owned: 576,300
(b)	Percent of class: 8.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 576,300
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 576,300
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

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). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Mizuho Financial Group, Inc.

Signature:	/s/ Takahiro Katsura
Name/Title:	Takahiro Katsura, Managing Director, Global Corporate Function Coordination Department
Date:	08/13/2025

FAQ

What stake does Mizuho Financial Group hold in A SPAC III Acquisition Corp (ASPCU)?

Mizuho reports beneficial ownership of 576,300 shares, representing 8.8% of the outstanding common shares.

Does Mizuho have voting control over the ASPCU shares it reports?

Yes. The filing states Mizuho has sole voting power and sole dispositive power over the 576,300 shares.

Is Mizuho attempting to influence control of ASPCU according to the filing?

The certification in the filing states 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.

What type of Schedule filing was submitted for this position in ASPCU?

The position is reported on a Schedule 13G/A (an amendment to a previous Schedule 13G filing).

Does the filing indicate involvement of any Mizuho subsidiaries in the ownership?

Yes. The filing notes that certain subsidiaries, including a securities affiliate, may be indirect beneficial owners of the equity securities held by the subsidiary listed.