Oak Woods Acquisition Corp (OAKU) has announced that MIZUHO SECURITIES USA LLC, a 10% owner of the company, has recently acquired 61,100 shares at a price of $11.91 per share on July 17, 2025.
Oak Woods Acquisition Corp (OAKU) has announced that MIZUHO SECURITIES USA LLC, a 10% owner of the company, has recently acquired 61,100 shares at a price of $11.91 per share on July 17, 2025. This acquisition is detailed in a Form 4 filing submitted to the U.S. Securities and Exchange Commission (SEC) [1].
The acquisition, which was executed on the same day as the reported date, adds to MIZUHO SECURITIES USA LLC's existing stake in OAKU. The company's Form 3 filing, also submitted to the SEC, shows that MIZUHO SECURITIES USA LLC beneficially owns 413,916 shares of OAKU as of July 16, 2025 [3].
OAKU, a special purpose acquisition company (SPAC), has been actively pursuing a strategic merger with Huajin (China) Holdings Limited. The company's Form 10-Q report for the first quarter of 2024 highlights the ongoing efforts to complete this merger, which is a significant step in expanding its business operations [2].
The recent acquisition by MIZUHO SECURITIES USA LLC could be seen as a vote of confidence in OAKU's strategic direction and its potential to successfully complete the merger with Huajin. The company has extended the deadline for the merger multiple times, with the current deadline set for September 28, 2025 [2].
For investors and financial professionals, this acquisition may provide additional insight into the company's financial health and its ability to attract significant investment. However, it is important to note that the acquisition does not guarantee future performance, and investors should continue to monitor the company's progress and financial reports.
References:
[1] https://www.streetinsider.com/SEC+Filings/Form+4+Oak+Woods+Acquisition+For%3A+Jul+17+Filed+by%3A+MIZUHO+SECURITIES+USA+LLC/25064959.html
[2] https://www.tradingview.com/news/tradingview:7e0d2da4f2b34:0-oak-woods-acquisition-corp-sec-10-q-report/
[3] https://www.sec.gov/Archives/edgar/data/1945422/000081229125000019/xslF345X02/primary_doc.xml
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