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Mizuho Discloses Sole Control of 973,800 KVACW Shares (9.0%)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Mizuho Financial Group reported beneficial ownership of 973,800 common shares of Keen Vision Acquisition Corporation, representing 9.0% of the class. The filing shows sole voting and sole dispositive power over all 973,800 shares, and identifies the reporting person as a parent holding company organized in Japan.

The filing is a Schedule 13G/A disclosure and includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control. The schedule also notes that Mizuho Securities USA LLC directly holds the securities and related Mizuho entities may be deemed indirect beneficial owners.

Positive

  • Material stake disclosed: Mizuho beneficially owns 973,800 shares (9.0%) of Keen Vision common stock.
  • Sole control: The filer reports sole voting and sole dispositive power over all 973,800 shares.

Negative

  • None.

Insights

TL;DR: A material 9.0% stake is disclosed with sole voting and dispositive power, a notable ownership position for investors.

The 973,800-share stake equals 9.0% of Keen Vision's common shares, which exceeds the 5% reporting threshold and is therefore material. Sole voting and dispositive power indicates Mizuho can unilaterally exercise voting rights and disposition decisions for these shares. The Schedule 13G/A certification states the position is held in the ordinary course of business and not to influence control, which frames this as a passive, reportable ownership rather than an activist intent. Investors should view this as a significant, transparent ownership disclosure that could affect shareholder dynamics but is presented as non-control-oriented.

TL;DR: The filing documents a significant parent-holding stake but explicitly disclaims control intent, making governance impact uncertain.

The filing identifies Mizuho Financial Group as a parent holding company and discloses that Mizuho Securities USA LLC directly holds the shares with other Mizuho entities potentially deemed indirect beneficial owners. While a 9.0% position is large enough to attract governance attention, the explicit certification that the shares are held in the ordinary course and not to change control reduces immediate governance concern. The communication of sole voting/dispositive power is important for recordkeeping and regulatory clarity; however, absent additional actions or disclosures, this filing alone does not evidence a control strategy.






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




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



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 hold in Keen Vision (KVACW)?

Mizuho Financial Group beneficially owns 973,800 shares, representing 9.0% of the common shares.

Which entity filed the disclosure for KVACW?

The filing was made by Mizuho Financial Group, Inc. (a parent holding company organized in Japan).

Does Mizuho report voting or dispositive power over the shares?

Yes. The filing states Mizuho has sole voting power and sole dispositive power for the 973,800 shares.

Is the Mizuho position described as an attempt to gain control of Keen Vision?

No. The Schedule 13G/A includes a certification that the securities are held in the ordinary course of business and not to change or influence control.

How is the ownership held within the Mizuho group?

The filing notes the securities are directly held by Mizuho Securities USA LLC and related Mizuho entities may be deemed indirect beneficial owners.
Keen Vision Acquisition Corp

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