Coincheck Group B.V. (“CCG”), a Japanese crypto exchange, announced that it has received final approval from the U.S. Securities and Exchange Commission (SEC) to list on the Nasdaq Global Market.
The exchange will list through a merger with Thunder Bridge Capital Partners IV, Inc. (“THCP”), a company already listed on Nasdaq that was created specifically to help private companies go public.
This deal was first announced in March 2022 and has been updated a few times since then, most recently in October 2024.
Before the listing, Coincheck Group B.V., currently registered in the Netherlands as a private company, will change its structure to become a public company called Coincheck Group N.V. This is necessary to meet the requirements for trading on Nasdaq.
Once the process is complete, Coincheck expects its shares to begin trading under the ticker symbol “CNCK” on the day following the transaction’s final closing.
Furthermore, a meeting for THCP shareholders is scheduled for December 5, 2024, to vote on the merger. The final closing of the deal is expected around December 10, 2024, after which Coincheck shares will officially be available on Nasdaq.
Moreover, Coincheck has filed several forms with the SEC as part of this listing process. Now that the SEC has approved the Form F-4 registration, THCP will send the final voting materials to its shareholders, who will then vote on the merger.
THCP shareholders and other interested parties are encouraged to review these materials, which can be accessed for free on the SEC’s EDGAR website.
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