Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 18

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 18
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 impacting crypto customers or other third parties, could adversely impact our brand and reputation and our business, operating results, and financial condition. •Due to our limited operating history (and the limited operating history of crypto assets generally), it may be difficult to evaluate our business and future prospects, and we may not be able to achieve or maintain profitability in any given period. •The majority of our revenue is from transactions on our Marketplace platform in certain crypto assets, particularly Bitcoin, Ethereum and XRP. If demand for a now heavily -tradedcrypto asset declines and is not replaced by new demand for other crypto assets on our platforms, our business, operating results, and financial condition could be adversely affected. •Negative publicity associated with crypto asset platforms, including instances of potential fraud, the bankruptcy of industry participants and the violation of applicable legal and regulatory requirements, may cause existing and potential customers to lose confidence in crypto asset platforms. •Depositing and withdrawing crypto assets into and from our cryptocurrency exchanges involve risks, which could result in loss of customer assets, customer disputes and other liabilities, which could adversely impact our business. 4 Risks Relating to Third Parties •We currently rely on third -partyservice providers for certain aspects of our operations, and any interruptions in services provided by these third parties may impair our ability to support our customers. •Our current and future services are dependent on payment networks and acquiring processors, and any changes to their rules or practices could adversely impact our business. Risks Relating to Intellectual Property •Our intellectual property rights are valuable, and an inability to protect them could adversely impact our business, operating results, and financial condition. •We may be subject to claims for alleged infringement of proprietary rights of third parties. Risks Relating to Our Employees •The loss of one or more of our key personnel, or our failure to attract and retain other highly qualified personnel in the future, could adversely impact our business, operating results, and financial condition. •In the event of employee or similar service provider misconduct or error, our business may be adversely impacted. Risks Relating to Our Ordinary Shares •Fluctuations in the price of our Ordinary Shares could contribute to the loss of all or part of your investment. •There may not be an active trading market for our Ordinary Shares, which would adversely affect the liquidity and price of our securities and make it difficult for you to sell our Ordinary Shares, and may also make it difficult for us to make acquisitions we find attractive. Risks Relating to Tax Matters •The imposition of additional