Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 202

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 202
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,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, following the Closing (subject to certain exceptions), except as follows: •An aggregate of one -thirdof the Equityholder’s lock -upshares will be automatically released from the lock -up(allocated pro rata) if the closing price of the lock -upshares is greater than or equal to $15.00 for any 20 trading days within any 30 consecutive trading day period; •An aggregate of one -thirdof the Equityholder’s lock -upshares will be automatically released from the lock -up(allocated pro rata) if the last sale price of the lock -upshares is greater than or equal to $17.50 for any 20 trading days within any 30 consecutive trading day period; and •The remainder, being an aggregate of one -thirdof the Equityholder’s lock -upshares will be automatically released from the lock -up(allocated pro rata) if the last sale