Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 388

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 388
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 out, with 25million ordinary shares to be awarded if the closing price of PubCo ordinary shares equals or exceeds $12.50 for 20 out of 30 consecutive trading days, and 25million ordinary shares to be issued if the closing price of PubCo ordinary shares equals or exceeds $15.00 for 20 out of 30 consecutive trading days.

F-112

THUNDER BRIDGE CAPITAL PARTNERS IV, INC.
NOTES TO FINANCIAL STATEMENTS NOTE 10. BUSINESS COMBINATION (cont.) The consummation of the Coincheck Business Combination is subject to customary closing conditions, as well as a minimum cash condition of $100 million, after giving effect to any redemptions by Company stockholders, and third -partyfinancing, if any. The foregoing description of the Coincheck Business Combination Agreement is subject to and qualified in its entirety by reference to the full text of the (i) Coincheck Business Combination Agreement, a copy of which is filed with this Report, to which the accompanying financial statements and these notes form a part, and (ii) amendment to the Coincheck Business Combination Agreement, a copy of which is filed with this Report. Other than as specifically discussed, this Report does not give effect to the proposed Coincheck Business Combination. NOTE 11. INCOME TAXES As of December 31, 2023 and December 31, 2022, the Company’s net deferred tax assets are as follows:

|                                       |     |   | December 31, 
         2023 |   |     |   | December 31, 
         2022 |   |
|:--------------------------------------|:----|:--|-------------:|:--|:----|:--|-------------:|:--|
| Deferred tax asset:                   |     |   |              |   |     |   |              |   |
| Organizational costs/Startup expenses |     | $ |    1,189,400 |   |     | $ |      793,986 |   |
| Net operating loss carryover          |     |   |            — |   |     |   |            — |   |
| Total deferred tax asset              |     |   |    1,189,400 |   |     |   |      793,986 |   |
| Valuation allowance                   |     |   |   (1,189,400 | ) |     |   |     (793,986 | ) |
|