Company: CNCKW
Filing Date: 2025-04-10
Form Type: 424B3
Source: 0001213900-25-030417
Chunk: 357

Company: Coincheck Group N.V.
Filing Date: 2025-04-10
Form: 424B3
Chunk 357
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 a money market fund selected by the Company meeting the conditions of Rule 2a -7of the Investment Company Act, as determined by the Company. To mitigate the risk that the Company might be deemed to be an investment company for purposes of the Investment Company Act, on June 22, 2023, the Company instructed Continental Stock Transfer & Trust Company (“Continental”) to liquidate the investments held in the Trust Account, as of July 1, 2023, and instead to hold the funds in the Trust Account in an interest -bearingdemand deposit account at JPMorgan Chase Bank, N.A, with Continental continuing to act as trustee, until the earlier of: (i) the consummation of a Business Combination or (ii) the distribution of the Trust Account to the Company’s stockholders, as described below. Transaction costs of the Initial Public Offering and the Private Placement amounted to $12,793,700 consisting of (i) $4,500,000 of underwriting fees, (ii) 8,278,474 of deferred underwriting fees (see Note 6) and (iii) $418,700 of other costs. On August 9, 2021, the underwriter of the Initial Public Offering exercised the over -allotmentoption in part and purchased an additional 1,152,784 units (the “Over -AllotmentUnits”), generating gross proceeds of $11,527, (the “Over -Allotment”). In conjunction with the Over -Allotment, the Company consummated a sale of an additional 23,055 Private Placement Units to the Sponsor at a price of $10.00 per unit, generating gross proceeds of $230,550. Following the Over -Allotment, an additional $11,527,840 of proceeds was placed in the F-94 THUNDER BRIDGE CAPITAL PARTNERS IV, INC.
NOTES TO FINANCIAL STATEMENTS NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (cont.) Trust Account. In connection with the partial exercise of the over -allotmentoption and the expiration of the over -allotmentoption, 555,554 shares of the Company’s Class B common stock, par value $0.0001 per share (the “Class B Common Stock,” together with the Class A Common Stock, the “Common Stock”) were forfeited for no consideration. The Company’s executive officers and directors (“Management”) has broad discretion with respect to the specific application