Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 184

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 184
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 engage in transactions with related parties, including intra -grouptransactions. These related parties include entities and individuals that may be capable of exercising control or significant influence over our company, including Monex and companies controlled by Monex. In addition, members of our Board and our audit and supervisory board and their respective families may also be considered related parties. Transactions with related parties for the most part are commercial transactions undertaken in the ordinary course of business and on commercial terms that are normal in the respective markets, considering the characteristics of the goods or services involved. Please see Note 29 to our consolidated financial statements as of and for the year ended March 31, 2025, included elsewhere in this prospectus for further details on our related party transactions. Transactions with our related companies (which include transactions with Thunder Bridge or its affiliate between the date of entering into the Business Combination Agreement in March 2022 and completing the Business Combination in December 2024, to help support completing the Business Combination) include or have included: •a currently unused subordinated line of credit for Coincheck, for a total of up to ¥6,000 million, with Monex Finance Corporation, a subsidiary of Monex; •currency forward transactions with Monex’s brokerage subsidiary to purchase $1.2 million in exchange for Japanese yen, which was settled on July31, 2024; •certain cross -sellingtransactions with Monex’s brokerage firm subsidiary related to the buying and selling of held crypto assets; •a loan agreement for a line of credit (in USD) with Monex Finance Corporation, as lender, and Coincheck Parent, as borrower, originally dated December11, 2024, as amended and restated as of March31, 2025, for the purpose of operating capital, with a maximum borrowing amount of $16 million (¥2,400 million), with $5 million (¥751 million) outstanding as of March31, 2025 (and $12.5 million outstanding as of the date of this prospectus), and interest that accrues on the unpaid amount at a rate of 135 basis points above the Secured Overnight Financing Rate as published by the Federal Reserve Bank of New York; •a business management services agreement with Monex that was terminated prior to completing the Business Combination, which covered services such as guidance, consulting and support for general management functions; the consideration payable was calculated as 5% of Coincheck’s total revenue net of cost of sales (variable fees), and for the fiscal years ended March31,