Core Viewpoint - CoinShares International Limited and Vine Hill Capital Investment Corp. are progressing towards a business combination, with a draft registration statement submitted to the SEC, marking a significant step in the transaction process [1][2]. Group 1: Transaction Details - The completion of the transaction is anticipated around the end of Q1 2026, contingent on the SEC's review of the F-4 registration statement and the inclusion of CoinShares' interim unaudited half-year 2025 financial statements along with audited statements for fiscal years 2024 and 2023 [2]. - The transaction is subject to customary closing conditions, including shareholder approvals from both CoinShares and Vine Hill, necessary legal approvals from the Royal Court of Jersey, and the effectiveness of the F-4 registration statement [3]. Group 2: Company Background - CoinShares is a prominent global digital asset manager, providing a wide range of financial services including investment management and trading, with a client base that includes corporations, financial institutions, and individuals [4]. - Vine Hill is a special purpose acquisition company (SPAC) that raised $220 million in its initial public offering in September 2024, focusing on unlocking shareholder value through public market strategies [5].
CoinShares and Vine Hill Announce Confidential Submission of Draft Registration Statement