- Coincheck plans to list on Nasdaq through a merger with Thunder Bridge Capital Partners IV.
- The deal has been delayed twice since its announcement in March 2022.
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to complete in the second or third quarters.The timescale is subject to approval by Thunder Bridger IV's stockholders, the U.S. Securities and Exchange Commission (SEC) and Nasdaq, Tokyo-based
Coincheck said in an announcement on Wednesday.The merger was announced over two years ago in March 2022, with initial plans to complete in the second half of that year. The target was
pushed to July 2023 before being extended further by up to 12 months.Once the merger completes, the Netherlands-domiciled business will be renamed Coincheck Group and list on the Nasdaq Global Select Marker under the ticker "CNCK," joining Coinbase (COIN) as the only crypto exchanges publicly traded in the U.S.
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