Company: CNCKW
Filing Date: 2025-03-27
Form Type: F-1/A
Source: 0001013762-25-003470
Chunk: 111

Company: Coincheck Group N.V.
Filing Date: 2025-03-27
Form: F-1/A
Chunk 111
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 exchange ( kabushiki koukan) (the “Share Exchange ”) under and in accordance with the applicable provisions of the Companies Act, pursuant to which the ordinary shares of Coincheck outstanding immediately prior to the Share Exchange Effective Time were exchanged for Coincheck Parent Ordinary Shares. At the Share Exchange Effective Time, the effect of the Share Exchange was that, amongst others, Coincheck Shareholders became holders of the Coincheck Parent Exchange Shares, and Coincheck became a direct, wholly owned subsidiary of M1 GK, which, in turn, became a wholly owned subsidiary of Coincheck Parent. Immediately following the Share Exchange Effective Time on the Closing Date, on the terms and subject to the conditions set forth in the Business Combination Agreement and in accordance with the applicable provisions of the laws of the Netherlands, Coincheck Parent (a) converted its legal form, without ceasing to exist, from a private company with limited liability ( besloten vennootschap met beperkte aansprakelijkheid) to a public limited liability company ( naamloze vennootschap) and (b) amended and restated its governing documents, which, as so amended and restated, became the governing documents of the Company until thereafter amended in accordance with the terms thereof and applicable law. Following the Share Exchange Effective Time, on the terms and subject to the conditions set forth in the Business Combination Agreement and in accordance with the applicable provisions of the DGCL, Thunder Bridge and Merger Sub consummated the Merger, pursuant to which Merger Sub merged with and into Thunder Bridge, following which the separate corporate existence of Merger Sub ceased and Thunder Bridge continued as the surviving corporation and, ultimately, as a direct, wholly owned subsidiary of Coincheck Parent. At the Merger Effective Time, the effect of the Merger was that, among others: (a) each Thunder Bridge Common Share issued and outstanding immediately prior to the Merger Effective Time was exchanged for the right to receive one Ordinary Share, and (b) without any action on the part of any holder of Thunder Bridge Warrants, each Thunder Bridge Warrant that was outstanding immediately prior to the Merger Effective Time, pursuant to and in accordance with the Warrant Agreement, automatically and irrevocably was modified to provide that such 60 Thunder Bridge Warrant no longer entitles the holder thereof to purchase the amount of Thunder Bridge Common Share(s) set forth therein and in substitution thereof such Thunder Bridge Warrant entitles the holder thereof to acquire such number of Ordinary Shares