Mizuho Financial Group, Inc. filed an amended Schedule 13G reporting beneficial ownership of 1,127,433 common shares of Globa Terra Acquisition Corporation, representing 6.3% of the class as of 12/31/2025.
Mizuho has sole power to vote and dispose of these shares, with no shared voting or dispositive power. The shares are held indirectly through wholly owned subsidiary Mizuho Securities USA LLC. Mizuho states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Globa Terra.
Globa Terra Acquisition Corporation is a blank-check company formed to complete a business combination and, as of the reporting period, had not commenced operations or generated revenues. The company reported $0 in its operating bank account and a working capital deficit of $(1,599,473), with deferred offering costs of $1,624,473.
Subsequent to the period, the Company completed its Initial Public Offering, selling 17,499,550 units (including full over-allotment) and privately placing securities, producing aggregate gross proceeds of $174,995,500 placed in a Trust Account to be invested in U.S. government securities. Transaction costs totaled $3,020,921 (including a $750,000 underwriting fee). The Sponsor provided related-party advances of $296,509 through the period and agreed to potential working capital loans; Founder Shares were issued and later partially surrendered, leaving 5,833,183 Class B shares outstanding. Management states post-IPO liquidity is sufficient to pursue a business combination within the prescribed combination period.