Workflow
Change of listing venue
icon
Search documents
CoinShares publishes the Scheme Circular in relation to joint merger plan
Globenewswire· 2026-02-18 07:00
Core Viewpoint - CoinShares International Limited is pursuing a merger with Vine Hill Capital Investment Corp and Odysseus Holdings Limited, aiming to change its listing from Nasdaq Stockholm to a U.S. exchange through a court-sanctioned scheme of arrangement [1]. Group 1: Transaction Details - The merger plan includes a Scheme of Arrangement under Article 125 of the Jersey Companies Law to facilitate the listing change [1]. - A Scheme Circular has been published, detailing the terms and conditions of the Scheme of Arrangement, including a letter from the Chair of CoinShares [3][4]. - The Scheme requires approval from a majority of Scheme Shareholders, with at least 75% of voting rights needed at the Jersey Court Meeting [5][11]. Group 2: Meeting Information - The Jersey Court Meeting and Scheme General Meeting are scheduled for 19 March 2026, with provisions for hybrid attendance [6]. - Shareholders are encouraged to submit proxy appointments and instructions promptly, with deadlines set for 48 hours before the meetings [8]. Group 3: Timetable and Conditions - The expected timetable includes key dates such as the publication of the Scheme Circular on 18 February 2026 and the Sanction Hearing anticipated on 30 March 2026 [54][57]. - The Scheme is expected to become Effective in Q2 2026, subject to the satisfaction of conditions and court approval [14][58]. Group 4: Company Background - CoinShares is a global digital asset manager, providing a range of financial services and is regulated in multiple jurisdictions [18]. - Vine Hill is a special purpose acquisition company that completed a $220 million IPO in September 2024 and is focused on unlocking shareholder value [19].