Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 19

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 19
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 or higher taxes (including tariffs), or other retaliatory measures in respect of disputed national or international tax policy, arrangements or agreements, whether resulting from a change of tax laws or a different interpretation or application of tax laws or by unilateral action of a government outside of the jurisdiction of our operations, could affect demand for our exchange services and/or may otherwise have an adverse effect on our business, results from operations and/or financial condition. •If we cease to be a Dutch tax resident for the purposes of a tax treaty concluded by the Netherlands and in certain other events, we could potentially be subject to a proposed Dutch dividend withholding tax in respect of a deemed distribution up to our entire market value less paid -upcapital insofar as it exceeds EUR 50million. Risks Relating to Our Organization in the Netherlands •We are a Dutch public company with limited liability, and our shareholders may have rights different than those of shareholders of companies organized in the United States. •We are subject to the Dutch Corporate Governance Code but do not comply with all of the suggested governance provisions of the Dutch Corporate Governance Code, which may affect your rights as a shareholder. 5 General Risk Factors •Adverse developments affecting the financial services industry, including events or concerns involving liquidity, defaults or non -performanceby financial institutions, could adversely affect our business, financial condition or results of operations, or our prospects. •Market conditions, economic uncertainty or downturns could adversely affect our business, financial condition, and operating results. Implications of Being a Foreign Private Issuer We report under the Exchange Act as a non -U.S. company with foreign private issuer status. Under Rule 405 of the Securities Act, the determination of foreign private issuer status is made annually on the last business day of an issuer’s most recently completed second fiscal quarter and, accordingly, the next determination will be made with respect to us on September 30, 2025. The discussion below summarizes the significant differences between our corporate governance practices and the Nasdaq listing standards applicable to U.S. companies. The Dutch Corporate Governance Code of the Netherlands (“DCGC”) is based on a “comply or explain” principle, and as set below, we also discuss certain ways in which our governance practices deviate from those suggested in the DCGC. Under the Nasdaq rules, U.S. domestic listed companies are required to have a majority independent board, which is not required under the DCGC of the Netherlands, our home country. In addition, the Nasdaq rules require U.S. domestic listed companies to