Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 348

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 348
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) |     | December 31, 
         2024 |     |               |     |     |
|:-----------------------------------------------|:----|------------------:|:----|-------------:|:----|--------------:|:----|----:|
| Number of                                      
 shares                                         |     |          Ordinary 
     Share capital |     |    Number of 
       shares |     |      Ordinary 
 Share capital |     |     |
| Former Coincheck shareholders                  |     |       122,587,617 |     |          196 |     |   122,587,617 |     | 196 |
| Issuance of shares in Reverse Recapitalization |     |                 — |     |            — |     |     7,115,458 |     |  15 |
| Total Ordinary Shares Issued and Outstanding   |     |       122,587,617 |     |          196 |     |   129,703,075 |     | 211 |

Non-Redemption Agreement On December 4, 2024, Coincheck Group B.V. and Thunder Bridge entered into the Non -RedemptionAgreement with Ghisallo, pursuant to which Ghisallo agreed not to redeem (or to validly rescind any redemption requests on) an aggregate of 973,000 Thunder Bridge Public Shares (the “ Non -Redemption Shares”) in connection with the Special Meeting. In exchange for the foregoing commitments not to redeem the Non -RedemptionShares, Thunder Bridge paid Ghisallo an amount equal to the product of (x) the number of Non -RedemptionShares and (y) the price at which each Thunder Bridge Public Share was redeemed in connection with the special meeting (the “ Redemption Price”). For 90 days following the closing of the Reverse Recapitalization (the “ Maturity Date”), if Ghisallo sells any Non -RedemptionShares, Ghisallo agrees to pay to Coincheck Parent an amount equal to the Redemption Price multiplied by the number of such Non -RedemptionShares sold. On the Maturity Date, Ghisallo agreed to transfer to Coincheck Parent, at no cost to Coincheck Parent and free and clear of any liens or encumbrances, any Non -RedemptionShares still retained by it. The Group considered this transaction to be an equity transaction in accordance with IAS32, Financial Instruments: Presentation, whereas cash paid to Ghisallo was treated as an equity distribution and subsequent cash receipts as equity