Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 231

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 10
Chunk 231
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 income tax consequences of the ownership and 
disposition of Ordinary Shares and Warrants. This discussion deals only with Ordinary Shares and Warrants, in each 
case, that are held as capital assets by a U.S. Holder (as defined below). 
As used herein, the term “U.S. Holder” means a beneficial owner of Ordinary Shares or Warrants that is, for 
U.S. federal income tax purposes, any of the following:
•        an individual who is a citizen or resident of the United States;
•        a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) created or 
organized in or under the laws of the United States, any state thereof or the District of Columbia;
•        an estate the income of which is subject to U.S. federal income taxation regardless of its source; or
•        a trust if it (1) is subject to the primary supervision of a court within the United States and one or more 
United States persons have the authority to control all substantial decisions of the trust or (2) has a valid 
election in effect under applicable United States Treasury regulations to be treated as a United States 
person.
This discussion is based upon provisions of the Internal Revenue Code of 1986, as amended (the “Code”), and 
regulations, rulings and judicial decisions thereunder, as well as the Convention Between the United States of 
America and the Kingdom of the Netherlands for the Avoidance of Double Taxation and the Prevention of Fiscal 
Evasion with respect to Taxes on Income (the “Treaty”), all as of the date hereof. Those authorities may be changed, 
perhaps retroactively, so as to result in U.S. federal income tax consequences different from those summarized 
below.
This discussion does not represent a detailed description of the U.S. federal income tax consequences 
applicable to you if you are subject to special treatment under the U.S. federal income tax laws, including if you are:
•        a dealer or broker in securities or currencies;
•        a financial institution;
•        a regulated investment company;
•        a real estate investment trust;
•        an insurance company;
•        a tax-exempt organization;
•        a person holding Ordinary Shares or Warrants as part of a hedging, integrated or conversion transaction, 
a constructive sale or a straddle;
•        a trader in securities that has elected the mark-to-market method of accounting for your securities;

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•        a person liable for alternative