Mizuho Financial Group (DAAQ) discloses 6.3% beneficial stake in Digital Asset Acquisition
Rhea-AI Filing Summary
Mizuho Financial Group, Inc., a Japan-based parent holding company, reports beneficial ownership of common shares of Digital Asset Acquisition Corp.. The group reports beneficial ownership of 1,081,463 common shares, representing 6.3% of the class.
Mizuho reports sole voting power and sole dispositive power over 1,081,463 shares, with no shared voting or dispositive power. The shares are directly held by Mizuho Securities USA LLC, and Mizuho Financial Group, Mizuho Bank, Ltd., and Mizuho Americas LLC may be deemed indirect beneficial owners.
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Key Figures
Beneficially owned shares: 1,081,463 shares
Percent of class: 6.3%
Sole voting power: 1,081,463 shares
+1 more
4 metrics
Beneficially owned shares
1,081,463 shares
Common shares of Digital Asset Acquisition Corp. beneficially owned by Mizuho Financial Group, Inc.
Percent of class
6.3%
Portion of Digital Asset Acquisition Corp. common share class reported as beneficially owned
Sole voting power
1,081,463 shares
Shares over which Mizuho reports sole power to vote or direct the vote
Sole dispositive power
1,081,463 shares
Shares over which Mizuho reports sole power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 1,081,463"
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.
sole voting power financial
"Sole power to vote or to direct the vote: 1,081,463"
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.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1,081,463"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company financial
"CUSIP Number(s): G2868C103 | Parent Holding Company"
Schedule 13G regulatory
"I also undertake to furnish ... information that would otherwise be disclosed in a Schedule 13D."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of Digital Asset Acquisition Corp. (DAAQ) does Mizuho own?
Mizuho Financial Group reports beneficial ownership of 6.3% of the outstanding common shares of Digital Asset Acquisition Corp. This percentage is based on the issuer’s common share class as referenced in the Schedule 13G.
What is the role of Mizuho Financial Group in this DAAQ Schedule 13G filing?
Mizuho Financial Group is identified as a parent holding company filing on a Schedule 13G. It certifies that its foreign regulatory scheme is substantially comparable to that of equivalent U.S. institutions and undertakes to provide additional information upon request.
Who signed the DAAQ Schedule 13G on behalf of Mizuho Financial Group (DAAQ)?
The Schedule 13G is signed by Takahiro Katsura, identified as Managing Director, Global Corporate Function Coordination Department. The signature certifies the accuracy of the ownership information and the comparability of the regulatory scheme.
AI-generated analysis. How Rhea-AI works. Not financial advice.