Thunder Bridge Capital Partners IV, Inc. Announces Public Filing of Registration Statement with the SEC for Proposed Business Combination with Coincheck, Inc., a Subsidiary of Japan’s Monex Group

GREAT FALLS, Va, May 07, 2024 (GLOBE NEWSWIRE) -- Coincheck Group B.V., which will become a holding company for Coincheck, Inc. (“Coincheck”), one of the largest multi-cryptocurrency marketplaces and digital asset exchanges in Japan by verified account market share, and Thunder Bridge Capital Partners IV, Inc. (“Thunder Bridge IV”) (Nasdaq: THCP), a special purpose acquisition company, announced that Coincheck Group B.V. had submitted a confidential draft registration statement on Form F-4 to the U.S. Securities and Exchange Commission (the “SEC”) with respect to their previously announced proposed business combination. 

On May 7, 2024, Coincheck Group B.V. and Thunder Bridge IV publicly filed with the SEC a registration statement on Form F-4, which remains subject to review and comment by the SEC.
 
The proposed business combination is expected to be completed in the second or third quarter of 2024, subject to, among other things, the approval by Thunder Bridge IV’s stockholders, satisfaction of the conditions stated in the definitive agreement and other customary closing conditions, including the registration statement being declared effective by the SEC, the receipt of certain regulatory approvals, and approval by The Nasdaq Stock Market to list the securities of the combined company. Upon the closing of the business combination between Coincheck and Thunder Bridge IV, Coincheck Group B.V. will be renamed Coincheck Group N.V. and, as a publicly listed holding company, domiciled in the Netherlands, with Coincheck as its wholly-owned subsidiary, expects to be listed on the Nasdaq Global Select Market under the ticker symbol “CNCK.”

About Thunder Bridge IV

Thunder Bridge IV is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. In June 2021, Thunder Bridge IV consummated a $237 million initial public offering of 23.7 million units (reflecting the underwriters’ partial exercise of their over-allotment option), each unit consisting of one share of Class A common stock and one-fifth of one warrant, each whole warrant enabling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Morgan Stanley & Co. LLC served as the sole book-running manager of Thunder Bridge IV’s initial public offering.