Company: CNCKW
Filing Date: 2025-01-28
Form Type: F-1
Source: 0001213900-25-007203
Chunk: 219

Company: Coincheck Group N.V.
Filing Date: 2025-01-28
Form: F-1
Chunk 219
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a) the numerator is calculated by adding the number of Warrants that are held by such beneficial owner (if any); and (b) the denominator is calculated by adding the aggregate number of Warrants outstanding. 150 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS We from time to time engage in transactions with related parties, including intra -grouptransactions. These related parties include entities and individuals that may be capable of exercising control or significant influence over our company, including other companies controlled by Monex Group. In addition, members of our Board and our audit and supervisory board and their respective families may also be considered related parties. Transactions with related parties for the most part are commercial transactions undertaken in the ordinary course of business and on commercial terms that are normal in the respective markets, considering the characteristics of the goods or services involved. Please see Note 31 to our financial statements as of and for the year ended March 31, 2024, included elsewhere in this prospectus for further details on our related party transactions. Transactions with our related companies include: •interest -bearingloans amounting to a total of ¥2 billion with Monex Finance Corporation, all of which have been fully repaid as of March31, 2021; •a currently unused line of credit for a total of up to ¥3 billion with Monex Finance Corporation; •a subordinated loan agreement for a total of up to ¥3 billion with Monex Finance Corporation; •certain cross -sellingtransactions with Monex Securities for the buying and selling of held crypto assets; •currency forward transactions with Monex, Inc. to purchase $1.2 million in exchange for Japanese yen settled on July31, 2024; •an agreement with our parent company, Monex Group, Inc., for the provision of business management services, which was terminated in advance of the closing of the Business Combination; and •a promissory note for a total of up to $1,500,000 with TBCP, IV LLC, of which $896,000 was outstanding at the close of the Business Combination, repaid in full on January15, 2025. We have entered into an agreement with our parent company, Monex Group, Inc., for guidance and support on general management and other consulting services for which we pay an annual business management service fee. The services provided by Monex include support for our registration as a crypto asset exchange business and negotiation with the Financial Services Agency necessary for continuing such registration, assistance in cyber security risk