Mizuho Financial Group (LKSP) reports 3.8% beneficial stake in Lake Superior
Rhea-AI Filing Summary
Mizuho Financial Group, Inc. filed Amendment No. 1 to report its passive ownership in Lake Superior Acquisition Corp. common shares as a parent holding company. Mizuho reports beneficial ownership of 599,076 common shares, representing 3.8% of the class, with sole voting and sole dispositive power over all of these shares and no shared voting or dispositive power.
The shares are directly held by Mizuho Securities USA LLC, a wholly owned subsidiary, and Mizuho Financial Group, Inc., Mizuho Bank, Ltd. and Mizuho Americas LLC may be deemed indirect beneficial owners. The filing confirms that the group owns 5 percent or less of the issuer’s outstanding common shares.
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Key Figures
Shares beneficially owned: 599,076 shares
Percent of class owned: 3.8%
Sole voting power: 599,076 shares
+3 more
6 metrics
Shares beneficially owned
599,076 shares
Common shares of Lake Superior Acquisition Corp. beneficially owned by Mizuho Financial Group, Inc.
Percent of class owned
3.8%
Portion of Lake Superior Acquisition Corp. common shares reported as beneficially owned
Sole voting power
599,076 shares
Shares over which Mizuho has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which Mizuho has shared power to vote or direct the vote
Sole dispositive power
599,076 shares
Shares over which Mizuho has sole power to dispose or direct disposition
CUSIP
G5354C107
CUSIP number for Lake Superior Acquisition Corp. common shares
Key Terms
beneficially owned, sole dispositive power, sole voting power, Parent Holding Company, +1 more
5 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 599,076"
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 dispositive power financial
"Sole power to dispose or to direct the disposition of: 599,076"
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.
sole voting power financial
"Sole power to vote or to direct the vote: 599,076"
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.
Parent Holding Company regulatory
"CUSIP No.: G5354C107 | Parent Holding Company"
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
What percentage of Lake Superior Acquisition Corp. (LKSP) does Mizuho Financial Group own?
Mizuho Financial Group reports beneficial ownership of 3.8% of Lake Superior Acquisition Corp.’s common shares. This stake represents 599,076 shares and is classified as ownership of 5 percent or less of the outstanding class.
What is the nature of Mizuho Financial Group’s filing on LKSP?
Mizuho Financial Group filed an Amendment No. 1 to Schedule 13G as a Parent Holding Company. It reports passive beneficial ownership of 599,076 common shares of Lake Superior Acquisition Corp., amounting to 3.8% of the outstanding class.
What citizenship and address does Mizuho Financial Group report in relation to its LKSP holdings?
Mizuho Financial Group states its citizenship as Japan and lists its principal office at 1-5-5, Otemachi, Chiyoda-ku, Tokyo, 100-8176, Japan, in connection with its beneficial ownership of Lake Superior Acquisition Corp. shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.