IPO - Coincheck Group B.V.
Form Type: F-1/A
Filing Date: 2025-03-27
Corporate Action: Ipo
Type: Update
Accession Number: 000101376225003470
Filing Summary: Coincheck Group N.V. is amending its registration statement under the Securities Act of 1933 to detail its primary and secondary offerings. The company plans to offer 4,860,148 ordinary shares from public warrants and an additional 127,895,040 ordinary shares, including shares from private warrants, for resale by certain selling securityholders. The document highlights the substantial potential gains for BCA selling securityholders, who acquired shares at prices significantly lower than the estimated current market price. It includes financial details on warrant exercise prices, average purchase prices of ordinary shares, and expected profits based on the last market prices. Also mentioned are ongoing risks for investors regarding the resale of these shares and the impact on market prices, alongside regulatory compliance about the initial public offering and ongoing financial reporting requirements as a 'foreign private issuer.'
Document Link: View Document
Additional details:
Address: Apollolaan 151, 1077 AR Amsterdam, The Netherlands
Contact Name: Jason Sandberg
Contact Title: Chief Financial Officer
Contact Email: [email protected]
Contact Phone: +31 20-522-2555
Agent Name: Cogency Global Inc.
Agent Address: 122 East 42nd Street, 18th Floor New York, NY 10168
Agent Phone: (800) 221-0102
Warrant Exercise Price: $11.50
Last Reported Price Ordinary Share: $6.18
Last Reported Price Public Warrant: $0.67
Anticipated Proceeds From Warrant Exercise: $55.9 million
Equity Interests Exchanged: Ordinary Shares from Coincheck, Inc.
Total Proceeds Expected: $718,135,595
Form Type: F-1
Filing Date: 2025-01-28
Corporate Action: Ipo
Type: New
Accession Number: 000121390025007203
Filing Summary: Coincheck Group N.V. has filed a registration statement under Form F-1 with the Securities and Exchange Commission on January 27, 2025, for a public offering of 4,860,148 ordinary shares underlying warrants and a secondary offering of 126,783,590 ordinary shares, alongside 129,611 warrants to purchase ordinary shares. The document highlights a significant conversion of existing equity interests from Coincheck, Inc. into the ordinary shares of Coincheck Group. The selling securityholders will offer a collective 91.7% of the total outstanding ordinary shares upon effective registration, with potential resale impacting market prices. The document also details warrant exercise prices and the conditions under which proceeds from these exercises will be received. The offering is part of a strategy to satisfy registration rights and attract investment in conjunction with the company's earlier business combination.
Document Link: View Document
Additional details:
Address: Apollolaan 151, 1077 AR Amsterdam, The Netherlands
Telephone Number: +31 20-522-2555
Agent For Service: Cogency Global Inc., 122 East 42nd Street, 18th Floor, New York, NY 10168, Telephone: (800) 221-0102
Primary Offering Shares: 4,860,148 Ordinary Shares
Secondary Offering Shares: 126,783,590 Ordinary Shares
Underlying Warrants: 129,611 Warrants to Purchase Ordinary Shares
Registration Number: 333-xxxxxxxx
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