Coincheck Expects Nasdaq Listing via Merger with Thunder Bridge Capital Partners IV in Q2 or Q3
Japanese cryptocurrency exchange Coincheck has announced that it expects its listing on Nasdaq via a merger with special purpose acquisition company Thunder Bridge Capital Partners IV to be completed in the second or third quarters, subject to approval by Thunder Bridger IV's stockholders, the U.S. Securities and Exchange Commission (SEC) and Nasdaq. The merger was initially announced in March 2022 with plans to complete in the second half of that year, but 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 as the only crypto exchanges publicly traded in the U.S.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Expert Says Memecoins Are Ready for a Major Comeback
U.S. Bitcoin ETFs See $494 Million Surge in Six-Day Inflow Streak
Bullish Pattern Drives PEPE’s Potential as Asset Sees 45% Price Surge to $0.000017