Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 215

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 215
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a currently unused line of credit for a total of up to ¥6billion with Monex Finance Corporation; •a currently unused subordinated loan agreement for a total of up to ¥6billion with Monex Finance Corporation; •certain cross -sellingtransactions with Monex Securities for the buying and selling of held crypto assets; •a commitment line contract of ¥2,540million as a debtor with Monex Finance Corporation as of December31, 2024, for the purpose of operating capital with ¥2,526million outstanding as of December31, 2024; •currency forward transactions with Monex, Inc. to purchase $1.2million 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 $300,791 was outstanding as of December31, 2024 and was 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 management and maintaining relationships with relevant financial institutions. Under the business management service fee agreements, the consideration payable from January 1, 2021 is calculated as 5% of Coincheck, Inc.’s total revenue net of cost of sales (variable fees). For the fiscal years ended March 31, 2022, 2023 and 2024, we paid a total of ¥1,427 million, ¥363 million and ¥458 million, respectively, in these business management service fees. This agreement was terminated in advance of the closing of the Business Combination. Certain Voting Agreements Sponsor Support Agreement Contemporaneously with the execution of the Business Combination Agreement, the Sponsor entered into the Sponsor Support Agreement, pursuant to which, among other things, the Sponsor agreed (i) to vote in favor of the Transactions; (ii) to deliver a duly executed copy of the Registration Rights Agreement on the date of Closing; (iii) to the lock -uprestrictions set forth in the