Japanese cryptocurrency exchange Coincheck seeks Nasdaq listing via SPAC deal

Coincheck Group B.V., the holding company of Japanese cryptocurrency exchange Coincheck, will seek a listing on Nasdaq through a SPAC agreement and has filed a draft confidential registration statement on Form F-4 with the U.S. SEC regarding its previously announced proposed business combination, which remains subject to SEC review and comment. The proposed business combination is expected to close in the second or third quarter of 2024, subject to approval by Thunder Bridge IV (SPAC) shareholders, satisfaction of the conditions set forth in the definitive agreement and other customary closing conditions, including the U.S. SEC declaring the registration statement effective, receipt of certain regulatory approvals, and Nasdaq Stock Market approval for the listing of the securities of the combined company. (GlobeNewswire)