PANews reported on November 13 that according to CoinDesk, Japanese brokerage and cryptocurrency exchange operator Monex Group announced today that the registration statement (Form F-4) submitted by its subsidiary Coincheck Group BV (CCG) to the U.S. Securities and Exchange Commission (SEC) became effective on November 12, which will greatly advance the cryptocurrency exchange's listing on the Nasdaq in the United States.
According to the published schedule, the special acquisition purpose company (SPAC) Thunder Bridge Capital Partners IV (THCP) will hold a shareholders' meeting on December 5, and the merger is expected to be implemented around the 10th of the same month. CCG's shares (stock code: CNCK) are expected to start trading on Nasdaq on the next trading day after the merger is completed.
The Coincheck listing was achieved through its merger with THCP announced in March 2022. It was initially planned to be completed in the second half of that year, but then underwent three contract changes, in May 2023, May 2024 and October, and finally obtained SEC approval.
