Thunder Bridge IV Completes Business Combination with Coincheck Crypto Exchange

In The News
December 16, 2024

Ropes & Gray represented the capital markets advisors to Thunder Bridge Capital Partners IV, Inc., a special purpose acquisition company, in a business combination between Thunder Bridge IV and Coincheck Group N.V., the holding company for the cryptocurrency trading service Coincheck, Inc. The business combination was approved at a special meeting of Thunder Bridge IV’s shareholders on Dec. 5 and announced in a Dec. 10 press release.

The ordinary shares and warrants of Coincheck began trading on Nasdaq on Dec. 11 under the new ticker symbols “CNCK” and “CNCKW,” respectively. Coincheck Group N.V. is one of only two publicly listed companies on Nasdaq having a crypto asset exchange as its core business. 

The team was led by capital markets partner Christopher Capuzzi.