Thunder Bridge Capital Partners IV Inc - Ordinary Shares - Class A

NASDAQ:THCP   3:59:46 PM EDT
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Officer Changes, Mergers / Acquisitions

Coincheck, Inc. Enters Merger Agreement With Thunder Bridge Capital Partners Iv, Inc.

Published: 03/22/2022 12:35 GMT
Thunder Bridge Capital Partners IV Inc - Ordinary Shares - Class A (THCP) - Coincheck, Inc. – a Subsidiary of Japan’s Monex Group – Enters Definitive Merger Agreement With Thunder Bridge Capital Partners Iv, Inc.thunder Bridge Capital Partners Iv Inc - Resulting Holding Company Will Be Named Coincheck Group, NV and Expects to Be Listed on Nasdaq Global Select Market Under Ticker Symbol "cnck".
Thunder Bridge Capital - Combined Holding Company Will Be Led by Oki Matsumoto, As Executive Chairman, and Gary Simanson As Chief Executive Officer.
Thunder Bridge Capital - Coincheck to Continue to Operate and Be Led by Its Current Japan-based Management Team, Including Coincheck President Satoshi Hasuo.
Thunder Bridge Capital Partners Iv Inc - Proposed Transaction Represents a Transaction Value of Approximately $1.25 Billion.
Thunder Bridge Capital - Existing Coincheck Shareholders May Get Earn-out Consideration Equal to Maximum of 50 Million Shares Upon Some "triggering Events".
Thunder Bridge Capital - Upon Closing, Combined Co Will Receive $237 Million in Cash Held in Trust by Thunder Bridge Iv.
Thunder Bridge Capital Partners Iv Inc - Coincheck Will Be Headquartered in Netherlands With Offices in Tokyo, Japan, and New York City, New York.
Thunder Bridge Capital Partners Iv - Coincheck's Parent, Monex Group, Inc., Owns 94.2% of Coincheck Today and Will Retain All of Its Equity at Closing.