Mizuho Reports Material 8.2% Passive Position in Patria Acquisition Corp

Rhea-AI Filing Summary

Mizuho Financial Group reports beneficial ownership of 371,476 common shares of Patria Latin American Opportunity Acquisition Corp., representing 8.2% of the class. The filing states Mizuho has sole voting and sole dispositive power over those shares, indicating centralized control of this position.

The statement identifies Mizuho as a parent holding company and discloses that the shares are directly held by a wholly‑owned subsidiary, Mizuho Securities USA LLC, which may make other group entities indirect beneficial owners. The filing certifies the shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Insights

Financial Analyst

TL;DR: Mizuho holds a material passive stake of 8.2% (371,476 shares) with sole voting/dispositive power; filing indicates no intent to seek control.

The reported 8.2% position is a material disclosure because it exceeds the 5% threshold that typically requires public reporting, which can affect float and potential market attention. The filing documents that Mizuho has sole voting and dispositive power over the shares, which clarifies where voting authority resides. The certification that the stake is held in the ordinary course and not for control classifies this as a passive disclosure rather than an active control bid. For investors, the filing signals a significant institutional holder without an announced governance agenda.

Corporate Governance Expert

TL;DR: Parent holding company filing clarifies ownership structure and passive intent; subsidiary ownership is disclosed in an exhibit.

Mizuho files as a parent holding company and notes that the securities are directly held by a wholly owned broker‑dealer subsidiary, which is disclosed in the filing materials. There is no shared voting power or group filing indicated, and the registrant expressly certifies the position is not intended to influence control. From a governance perspective, this provides transparency on beneficial ownership, vote allocation, and the absence of a coordination group or hostile intent—details material to board and shareholder dynamics.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Patria Latin American Opportunity Acquisition Corp.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

G69454109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

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

CUSIP No. G69454109

1

Names of Reporting Persons

Mizuho Financial Group, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

JAPAN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 371,476.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 371,476.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

371,476.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.2 %

12

Type of Reporting Person (See Instructions)

FI

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

Item 1.
(a)	Name of issuer: Patria Latin American Opportunity Acquisition Corp.
(b)	Address of issuer's principal executive offices: 60 Nexus Way, 4th Floor, Camana Bay, PO Box 757, Grand Cayman, Cayman Islands, KY1-9006
Item 2.
(a)	Name of person filing: Mizuho Financial Group, Inc.
(b)	Address or principal business office or, if none, residence: 1-5-5, Otemachi, Chiyoda-ku, Tokyo, 100-8176, Japan
(c)	Citizenship: Japan
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: G69454109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Parent Holding Company
Item 4.	Ownership
(a)	Amount beneficially owned: 371,476
(b)	Percent of class: 8.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 371,476
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 371,476
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Parent Holding Company is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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 Financial Group hold in PLAOU?

Mizuho beneficially owns 371,476 shares of PLAOU, representing 8.2% of the class.

Does Mizuho have voting power over its PLAOU shares?

Yes. The filing reports sole voting power and sole dispositive power for the 371,476 shares.

Is Mizuho filing as a parent holding company for PLAOU?

Yes. The filing classifies Mizuho as a parent holding company and discloses a wholly owned subsidiary as the direct holder.

Was the PLAOU position acquired to influence control of the issuer?

No. The filing certifies the shares were acquired and are held in the ordinary course of business and not to change or influence control.

Are other Mizuho entities disclosed as indirect owners of the PLAOU shares?

The filing states that Mizuho Bank, Mizuho Americas and other group entities may be deemed indirect beneficial owners of the securities directly held by Mizuho Securities USA LLC.