Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 264

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 16
Chunk 264
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 ownership and 
trading activities and imposing liability for insiders who profit from trades made within a short period of 
time;
•        the rules under the Exchange Act requiring the filing with the SEC of an annual report on Form 10-K 
(although we will file annual reports on a corresponding form, i.e., this annual report on Form 20-F, for 
foreign private issuers), quarterly reports on Form 10-Q containing unaudited financial and other 
specified information (although we have furnished, and intend to furnish, quarterly financial results 
reports, typically in the form of an earnings press release, on a current reporting form for foreign private 
issuers), or current reports on Form 8-K, upon the occurrence of specified significant events; and
•        Regulation Fair Disclosure or Regulation FD, which regulates selective disclosure of material non-public 
information by issuers.

153

Accordingly, there may be less publicly available information concerning our business than there would be 
if we were a U.S. public company.  
Also, in lieu of Nasdaq's quorum requirement of at least  33 1/3 percent of outstanding shares for general 
(i.e., shareholder) meetings, we follow home country practice, which has no quorum requirements, and our Articles 
of Association do not require a quorum at general meetings, meaning resolutions may be adopted at Coincheck 
Parent's general meetings irrespective of the issued share capital issued or represented. Additionally, to the extent we 
rely on Dutch law with respect to issuance of shares, our practice varies from the requirements of the corporate 
governance standards of Nasdaq, which generally require an issuer to obtain shareholder approval for the issuance of 
securities in connection with such events.  
Thus, due to our status as a foreign private issuer and our intent to follow certain home country corporate 
governance practices, our shareholders do not have the same protections afforded to shareholders of companies that 
are subject to all of the Nasdaq corporate governance standards.
Implications of Being a Controlled Company
As a “controlled company,” we may elect not to comply with certain corporate governance standards, 
including the requirements that (1) a majority of our Board consist of independent directors, (2) our Board have a 
compensation committee that is comprised entirely of independent directors with a written charter addressing the 
committee’s purpose and responsibilities, and (3) our Board have a nominating and corporate governance committee 
that is comprised entirely of independent directors with a written charter addressing the committee