Institutional 8.9% Holding by Mizuho in Integrated Wellness Acquisition Corp (WEL)
Rhea-AI Filing Summary
Mizuho Financial Group reported beneficial ownership of 105,006 common shares of Integrated Wellness Acquisition Corp, equal to 8.9% of the class, in an amended Schedule 13G filing. The filing states Mizuho is a parent holding company and indicates that Mizuho Securities USA LLC directly holds the shares, with Mizuho Bank and Mizuho Americas identified as potential indirect beneficial owners. The report shows sole voting power and sole dispositive power over the 105,006 shares and specifies the position is held in the ordinary course of business.
The disclosure does not report shared voting or dispositive power, does not indicate ownership on behalf of another person, and provides the certifying officer and title for the filer.
Positive
- Reports a material institutional stake: 105,006 shares representing 8.9% of the class, exceeding the 5% disclosure threshold
Negative
- None.
Insights
TL;DR: Mizuho holds 105,006 shares (8.9%), reporting sole voting and dispositive power; a material institutional stake disclosed.
The Schedule 13G/A shows a notable institutional position: 105,006 shares representing 8.9% of the class. The filing classifies Mizuho as a parent holding company and identifies a wholly owned U.S. broker-dealer as the direct holder, signaling standard custody/holding structure for cross-border institutions. Reported sole voting and dispositive power over the shares confirms Mizuho's direct control of the economic and voting rights for this position. The filing states the holdings are in the ordinary course of business, which frames this as a passive disclosure rather than an active control effort.
TL;DR: A material >5% passive stake is disclosed by a parent holding company, with no shared control or indication of acting on behalf of others.
The disclosure identifies Mizuho as a parent holding company and notes potential indirect ownership through affiliated entities while attributing direct ownership to its broker-dealer subsidiary. The statement of sole voting and dispositive power simplifies governance implications: Mizuho can exercise vote and disposition decisions for the reported shares. Item disclosures indicate the position was acquired and is held in the ordinary course of business and that the filing is not on behalf of another party, consistent with a routine institutional holding rather than a control-seeking stake.