Coincheck’s Nasdaq Listing Set for Completion Between Q2 and Q3
- Coincheck plans to merge with Thunder Bridge Capital Partners IV, Inc. (THCP).
- The merger, pending regulatory approvals, is expected to finalize in Q3-Q4 2024.
- Despite a 2023 setback delaying its listing, Coincheck pursues global expansion via this strategic merger with THCP.
Japan-based cryptocurrency exchange Coincheck is teaming up with Thunder Bridge Capital Partners IV, Inc. (THCP), a Special Purpose Acquisition Company (SPAC) listed on Nasdaq. This proposed merger will see Coincheck listed as a publicly traded entity on the Nasdaq Global Select Market under the “CNCK” ticker.
In a recent statement, THCP confirmed that it had tendered a registration statement to the U.S. Securities and Exchange Commission (SEC) for the partnership with Coincheck. The filling, put forward by Coincheck Group B.V., covers the business details and timeframe for completion.
In the meantime, Coincheck’s collaboration with SPAC is set to be finalized between Q3 and Q4 of 2024. The proposed merger is subject to regulatory approvals and other closing clauses.
Once finalized, Coincheck Group B.V. will be renamed Coincheck Group N.V. This will make the company a public…
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