Coincheck’s Nasdaq Listing Could Be Delayed Again

The post Coincheck’s Nasdaq Listing Could Be Delayed Again appeared first on Coinpedia Fintech News

Coincheck’s SPAC (Special Purpose Acquisition Company) Thunder Bridge Capital IV Nasdaq listing may further delay. The merger may not happen by July 2, as per Thunder Bridge Board’s statement on May 16. 12 months extension contingent upon shareholder vote. Coincheck and Thunder Bridge plan to merge by 2022, therefore extended the deadline to July 2, 2023. SPAC mergers faced delays and refrain past year, eToro suggested merging with Fintech Acquisition Corp. V’s value was $10.4B since 2021, July deal was terminated over a closing conditions disagreement.