Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 257

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 12
Chunk 257
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Item 12.Description of Securities other than Equity Securities
A.Debt Securities
Not applicable.
B.Warrants and Rights
Upon the completion of the Business Combination, there were 4,730,537 Public Warrants outstanding. The 
Public Warrants, which each entitle the holder to purchase one Ordinary Share at an exercise price of $11.50 per 
share, became exercisable on April 8, 2025, the date that the issuance of the underlying Ordinary Shares was 
registered on an effective registration statement of Coincheck Parent. The Public Warrants will terminate at 
5:00 p.m., Eastern Time on the earlier to occur of: (i) the date that is five (5) years after the date on which the 
Business Combination was completed, (ii) the liquidation of Coincheck Parent, or (iii) the redemption date as 
provided in the warrant agreement dated June 29, 2021 by and between Thunder Bridge and Continental Stock 
Transfer & Trust Company, as warrant agent (as amended).
Upon the completion of the Business Combination, there were also 129,611 Private Warrants held by the 
Thunder Bridge Sponsor. The Private Warrants are identical to the Public Warrants in all material respects. The 
Private Warrants may be exercised by the holders on a cashless basis and will not be redeemable (subject to certain 
limited exceptions) as long as they are held by the Thunder Bridge Sponsor or its permitted transferees. If the Private 
Warrants are held by someone other than the Thunder Bridge Sponsor or its permitted transferees, such warrants will 
be redeemable and exercisable by such holders on the same basis as the Public Warrants.
Redemption of Public Warrants when the price per Ordinary Share equals or exceeds $18.00
Pursuant to the warrant agreement, with amendments thereto, if any, once the Public Warrants become 
exercisable they may be redeemed (i) in whole and not in part, (ii) at a price of $0.01 per warrant, (iii) upon not less 
than 30 days’ prior written notice of redemption to each warrant holder, (iv) if, and only if, the last reported sale 
price of Ordinary Shares equals or exceeds $18.00 per share (as adjusted for share splits, share dividends, 
reorganizations, recapitalizations and the like) for any 20 trading days within a 30-day trading period ending three 
days before sending