Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 258

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 12
Chunk 258
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 the notice of redemption to each warrant holder, and (v) if, and only if, there is an effective 
registration statement covering the shares issuable upon exercise of the warrants and a current prospectus relating 
thereto is available throughout the 30-day period after the written notice of redemption is given.  When the Public 
Warrants become redeemable, Coincheck Parent will be able to exercise its redemption right even if it is unable to 
register or qualify the underlying securities for sale under all applicable state securities laws.
Redemption of Warrants when the Price per Ordinary Share Equals or Exceeds $10.00
Once the Public Warrants become exercisable, they may be redeemed (i) in whole and not in part, (ii) at a 
price of $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption provided that warrant 
holders will be able to exercise their warrants on a cashless basis prior to redemption and receive a specified number 
of Ordinary Shares based on the redemption date and the “fair market value” of the Ordinary Shares, (iii) if, and 
only if, the last reported sale price of Ordinary Shares equals or exceeds $10.00 per share (as adjusted for share 
splits, share dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading 
day period ending three days before sending the notice of redemption to each warrant holder, and (iv) if the last 
reported sale price of the Ordinary Shares is less than $18.00 per share (as adjusted for share splits, share dividends, 
reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending three 
days before sending the notice of redemption to each warrant holder, the Private Warrants must also be concurrently 
called for redemption on the same terms as the outstanding Public Warrants.
For purposes of the foregoing, “fair market value” of the Ordinary Shares means the volume weighted average 
price of Ordinary Shares during the 10 trading days immediately following the date on which the notice of 

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redemption is sent to the holders of warrants. Coincheck Parent will provide the warrant holders with the final fair 
market value no later than one business day after the 10-trading day period described above ends.
C.Other Securities
Not applicable.
D.American Depositary Shares
Not applicable
Part II.