Thunder Bridge Capital Partners IV today filed an investor presentation on its proposed merger with Coincheck. The deal has an implied equity value of $1.25 billion.
At deal announcement in March 2022, the combined company was expected to received $237 million in cash held in trust by Thunder Bridge IV.
Tokyo-based Coincheck is one of Japan’s largest multi-cryptocurrency marketplaces and digital asset exchanges by verified account market share. The company is a unit of The Monex Group.
If the deal secures all approvals, Coincheck intends to list on the Nasdaq.
The parties have a July 2 completion date. Read more.
