Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 235

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 235
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’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 price of the lock -upshares is greater than or equal to $20.00 for any 20 trading days within any 30 consecutive trading day period. 158 The Lock -UpAgreement will terminate upon the earlier to occur of (A) 8:00 am Eastern Time on December 10, 2025 and (B) the third early lock -upexpiration time. In connection with the Next Finance Acquisition The Next Finance SPA provides that, subject to certain customary exceptions, certain of the Next Finance Shareholders may not transfer any of the Next Finance Acquisition Shares during the period beginning on the Next Finance Closing Date and ending on December31, 2026, provided, however, an aggregate of 70% of such shares will be released from such transfer restrictions at five predetermined intervals between May14,