PANews reported on November 13 that Japan's brokerage and cryptocurrency exchange operator Monex Group announced today that its subsidiary Coincheck Group BV (CCG) has had its registration statement (Form F-4) submitted to the U.S. Securities and Exchange Commission (SEC) become effective on November 12, which will greatly advance the process of the cryptocurrency exchange listing on the U.S. Nasdaq.
According to the announced schedule, the special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholder meeting on December 5, and the merger is expected to be implemented around December 10. CCG's stock (ticker symbol: CNCK) is expected to begin trading on Nasdaq on the next trading day after the merger is completed.
This Coincheck listing is achieved through its merger with THCP announced in March 2022. Initially planned to be completed in the second half of that year, it subsequently underwent three contract changes, occurring in May 2023, May 2024, and October, ultimately receiving SEC approval.
