Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 237

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 237
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 in the public market could adversely affect prevailing market prices of the Ordinary Shares of Coincheck Parent. Prior to the Business Combination, there had been no public market for the Ordinary Shares. Coincheck Parent has listed its Ordinary Shares on Nasdaq, but there can be no assurance that a regular trading market will be maintained for the Ordinary Shares. The number of Ordinary Shares outstanding following this offering is based on 130,814,526 Ordinary Shares outstanding as of March17, 2025 and excludes: •4,860,148 Ordinary Shares issuable upon exercise of Warrants that were outstanding as of March7, 2025; •Ordinary Shares authorized for issuance under the Omnibus Incentive Plan, with an initial authorized amount of 9,079,565 Ordinary Shares (with such authorized amount increasing annually in accordance with the terms and subject to the conditions of the Omnibus Incentive Plan); and •2,365,278 Ordinary Shares held in treasury. All of the Ordinary Shares sold in this offering will be freely transferable without restriction or further registration under the Securities Act, except for any Ordinary Shares sold to our “affiliates,” which are also subject to the limitations included in the Dutch Civil Code and the articles of association of Coincheck Parent. Under Rule 144 of the Securities Act, an “affiliate” of a company is a person that directly or indirectly controls, is controlled by or is under common control with that company. Affiliates may sell only the volume of shares described below and their sales are subject to additional restrictions described below. Lock-up Agreements In connection with the Business Combination Agreement Contemporaneously with the execution and delivery of the Business Combination Agreement, and as a condition and inducement to Thunder Bridge’s willingness to enter into the Business Combination Agreement, Coincheck, Inc., Coincheck Parent and the equityholders of Coincheck, Inc. party thereto (for purposes of this subsection, each an “Equityholder”) executed and delivered Lock -UpAgreements, pursuant to which, among other things, each Equityholder (in his capacity as the stockholder of Coincheck, Inc.) agreed to (i) deliver a duly executed copy of the Registration Rights Agreement on the Closing Date, and (ii) the lock -uprestrictions in the Lock -UpAgreements. Each Equityholder agreed not to transfer their respective Ordinary Shares, excluding any shares acquired in the public market or pursuant to a transaction exempt from registration under the Securities Act where the issuance of Ordinary Shares occurs on or after the Closing