Mizuho Financial Group (BSAA) discloses exit from BEST SPAC I with 0% ownership
Rhea-AI Filing Summary
Mizuho Financial Group, Inc., as a parent holding company, reports that it no longer beneficially owns any common shares of BEST SPAC I Acquisition Corp. It states ownership of 0 shares, representing 0.0% of the class, with no sole or shared voting or dispositive power.
Mizuho Financial Group, Inc., Mizuho Bank, Ltd. and Mizuho Americas LLC may be deemed indirect beneficial owners of equity securities directly held by their wholly owned subsidiary, Mizuho Securities USA LLC, but the reported beneficial ownership for this issuer is now zero, indicating ownership of 5 percent or less of the class.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 0
Percent of class: 0.0%
Sole voting power: 0
+3 more
6 metrics
Beneficially owned shares
0
Amount beneficially owned in BEST SPAC I Acquisition Corp. common shares
Percent of class
0.0%
Reported percentage ownership of BEST SPAC I Acquisition Corp. common shares
Sole voting power
0
Shares over which Mizuho has sole power to vote or direct the vote
Shared voting power
0
Shares over which Mizuho has shared power to vote or direct the vote
Sole dispositive power
0
Shares over which Mizuho has sole power to dispose or direct disposition
Shared dispositive power
0
Shares over which Mizuho has shared power to dispose or direct disposition
Key Terms
beneficially owned, Percent of class, Sole voting power, Dispositive power, +1 more
5 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 0"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Percent of class financial
"(b) | Percent of class: 0.0 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Sole voting power financial
"5 | Sole Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Parent Holding Company financial
"CUSIP No.: G1069P103 | Parent Holding Company"
FAQ
What ownership in BSAA does Mizuho Financial Group now report?
Mizuho Financial Group reports 0 common shares of BEST SPAC I Acquisition Corp., representing 0.0% of the class. It also reports no sole or shared voting or dispositive power over any shares of this issuer.
Why did Mizuho file an amended Schedule 13G/A for BSAA?
The amended Schedule 13G/A shows Mizuho’s beneficial ownership in BEST SPAC I Acquisition Corp. has fallen to 0 shares, or 0.0% of the class, which means it now owns 5 percent or less of the issuer’s common shares.
What dispositive power does Mizuho have over BSAA securities?
Mizuho reports 0 shares with sole dispositive power and 0 shares with shared dispositive power. This indicates no reported authority to dispose of, or direct the disposition of, BEST SPAC I Acquisition Corp. common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.