Latham Advises on Thunder Bridge Capital Partners IV, Inc. and Coincheck Group N.V.’s Closed Business Combination
Coincheck Group N.V., a Dutch public limited liability company and a holding company of a cryptocurrency trading service company, and Thunder Bridge Capital Partners IV, Inc. (Nasdaq: THCP, THCPU & THCPW) (Thunder Bridge IV), a special purpose acquisition company, has announced the consummation of their previously announced business combination. As a result, the ordinary shares and warrants of Coincheck will commence trading on Nasdaq on December 11, 2024, under the new ticker symbols “CNCK” and “CNCKW,” respectively. The business combination was approved at a special meeting of the shareholders of Thunder Bridge IV on December 5, 2024.
Latham & Watkins LLP represented the sole financial advisor to Monex Group, Inc., Coincheck Japan’s former direct parent company and now the parent company of Coincheck, in connection with the business combination, with a cross-border team led by Vice Chair of Latham’s Global Capital Markets Practice and New York partner Stelios Saffos, New York/Los Angeles partner Brittany Ruiz, and Orange County partner Drew Capurro, with associates Akina Newbraugh and Sheen Moaleman. Advice was provided on corporate matters by Tokyo partner Hiro Takagi, with associate Nicholas Cavallo; on tax matters by New York partner Jiyeon Lee-Lim, with associate Nicholas Sun; on benefits and compensation matters by New York partner Bradd Williamson, with associate Anne Bracaglia; on sanctions matters by Washington, D.C. counsel Andrew Galdes, with associate Ragad Alfaraidy; on anti-money laundering and payments matters by Washington, D.C. partner Barrie VanBrackle; on crypto regulatory matters by Hong Kong partner Simon Hawkins, with associate Adrian Fong; and on data privacy matters by Hong Kong associate Anthony Liu.