Core Viewpoint - CoinShares International Limited and Vine Hill Capital Investment Corp. are progressing towards a business combination, with an amended draft registration statement submitted to the SEC, indicating regulatory review advancement [1][2]. Company Overview CoinShares - CoinShares is a leading global asset manager specializing in digital assets, providing a range of financial services including investment management and trading [4]. - Founded in 2013, CoinShares is headquartered in Jersey and operates in multiple countries including France, Sweden, the UK, and the US [4]. - The company is regulated by various financial authorities, including the Jersey Financial Services Commission and the U.S. Securities and Exchange Commission [4]. Vine Hill - Vine Hill is a special purpose acquisition company (SPAC) that completed a $220 million initial public offering in September 2024 [5]. - The company aims to unlock shareholder value by leveraging public markets to help businesses achieve their potential [5]. Transaction Details - The business combination will result in Odysseus Holdings Limited becoming the publicly-listed holding company of CoinShares [1]. - The completion of the transaction is subject to customary closing conditions, including shareholder approvals and regulatory approvals from the Royal Court of Jersey [3]. - A directions hearing with the Royal Court of Jersey is scheduled for February 17, 2026, to facilitate the transaction [3].
CoinShares and Vine Hill Announce Submission of Amended Draft Registration Statement in Response to SEC First Round of Comments