Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 389

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 389
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 Deferred tax asset, net of allowance  |     | $ |            — |   |     | $ |            — |   |

The income tax benefit for the years ended December 31, 2023 and 2022 consists of the following:

|                      |     |   |   Year Ended 
 December 31, 
         2023 |     |   |   Year Ended 
 December 31, 
         2022 |
|:---------------------|:----|:--|-------------:|:----|:--|-------------:|
| Federal:             |     |   |              |     |   |              |
| Current              |     | $ |    1,210,504 |     |   |      674,439 |
| State:               |     |   |              |     |   |              |
| Current              |     |   |            — |     |   |            — |
| Income tax provision |     | $ |    1,210,504 |     | $ |      674,439 |

A reconciliation of the federal income tax rate to the Company’s effective tax rate at December 31, 2022 and December 31, 2021, consists of the following:

|                                             |     | December 31, 
         2023 |    |     | December 31, 
         2022 |    |
|:--------------------------------------------|:----|-------------:|:---|:----|-------------:|:---|
| Statutory federal income tax rate           |     |        21.00 | %  |     |         21.0 | %  |
| Change in fair value of Warrant liabilities |     |         (2.2 | )% |     |        (19.0 | )% |
| Change in valuation allowance               |     |          6.3 | %  |     |         22.5 | %  |
| Effective Tax Rate                          |     |         24.1 | %  |     |         24.5 | %  |

The Company will file taxes in the U.S. Federal jurisdiction. The Company does not have any net operating loss carryovers at 2023 and 2022, respectively. The Company is subject to taxation in the United States. As of December 31, 2023, the Company has no tax years under examination by the Internal Revenue Services. The U.S. federal tax returns for tax years 2022