Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 80

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 80
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 underlying its Private Placement Units. Given the lower purchase prices that the BCA Selling Securityholders paid to acquire Ordinary Shares or Warrants compared to the current trading price of our Ordinary Shares or Warrants, these BCA Selling Securityholders are likely to earn a positive rate of return on their investment at current market prices. Based on the last reported sale price on August 26, 2025 of $4.90 (¥719.42) per Ordinary Share, the BCA Selling Securityholders would realize profits on the sale of their holdings as follows: (i) Monex Group would realize a potential profit of ¥70,130,721,361 ($477,664,632.62), or ¥642.82 ($4.38) per share, (ii) Koichiro Wada would realize a potential profit of ¥6,661,968,410 ($45,375,074.31), or ¥686.77 ($4.68) per share, (iii) Yusuke Otsuka would realize a potential profit of ¥2,654,567,121 ($18,080,419.02), or ¥700.55 ($4.77) per share and (iv) the Sponsor would realize a potential aggregate profit of ¥2,063,512,185 ($14,054,707.70), or ¥491.78 ($3.35), per share. The Sponsor would also realize a value of ¥13,135,411 ($89,466) upon the sale of its Private Warrants based on the August 26, 2025 last reported sale price of $0.69 (¥101.31) of our Public Warrants. The aggregate amount of profit for such BCA Selling Securityholders would be ¥79,447,256,892 ($541,120,125.95). Investors who purchase our Ordinary Shares in the open market may not experience a similar rate of return on the securities they purchase due to differences in the purchase prices and the current trading price. There is no guarantee that the exercise price of our Warrants will ever be less than the trading price of our Ordinary Shares, and our Warrants may expire worthless. The exercise price for a warrant is $11.50 per Ordinary Share. On August26, 2025, the last reported sale price of our Ordinary Shares was $4.90 per share. If the price of our Ordinary Shares remains below $11.50 per share, we expect that warrantholders would not exercise their Warrants, resulting