Mizuho Financial Group (OAKU) discloses 4.6% passive stake in Oak Woods
Rhea-AI Filing Summary
Mizuho Financial Group, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Oak Woods Acquisition Corporation common shares. The firm reports beneficial ownership of 164,308 common shares, representing 4.6% of the class as of the event date, with sole voting and dispositive power over all reported shares.
The filing is made as a parent holding company, with the shares directly held by its 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 the issuer.
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FAQ
What ownership stake does Mizuho report in Oak Woods Acquisition Corporation (OAKU)?
Mizuho Financial Group reports beneficial ownership of 164,308 common shares of Oak Woods Acquisition Corporation, representing 4.6% of the outstanding class. Mizuho has sole voting and sole dispositive power over all of these reported shares.
Is Mizuho Financial Group’s stake in OAKU above or below 5 percent?
Mizuho’s reported ownership in OAKU is 4.6% of the class, which is below the 5 percent threshold. The filing confirms ownership of 5 percent or less of the class of common shares.
Does Mizuho intend to influence control of Oak Woods Acquisition Corporation (OAKU)?
Mizuho certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Oak Woods Acquisition Corporation, nor in connection with any transaction having that purpose or effect.
What type of reporting person is Mizuho in this OAKU Schedule 13G/A?
Mizuho identifies itself as a parent holding company under the Schedule 13G classification. The filing notes that Mizuho’s foreign regulatory scheme is represented as substantially comparable to that applicable to functionally equivalent U.S. institutions.
Who signed the Schedule 13G/A filed for Mizuho regarding OAKU?
The Schedule 13G/A is signed by Takahiro Katsura, identified as Managing Director, Global Corporate Function Coordination Department. The signature section certifies that the information contained in the statement is true, complete, and correct to the best of his knowledge and belief.