#USA #Fort Lauderdale #CoinShares #SPAC #Vine Hill

CoinShares and Vine Hill Take Major Step in Business Merger

On November 26, 2025, CoinShares International Limited, a prominent global manager specializing in digital assets, together with Vine Hill Capital Investment Corp., a publicly traded special purpose acquisition company (SPAC), revealed a significant milestone in their proposed business merger. This announcement details the confidential submission of a draft registration statement on Form F-4 to the U.S. Securities and Exchange Commission (SEC) by Odysseus Holdings Limited, the future holding company of CoinShares.

This draft submission, dated November 21, 2025, is an important step towards completing the planned business combination, thus marking the fusion of CoinShares and Vine Hill. Completion of this transaction is projected for the end of the first quarter of 2026, pending customary closing conditions, including shareholder approvals and regulatory compliance. The submission includes interim unaudited financial statements for the first half of 2025 alongside the audited financial reports for the years 2024 and 2023, signaling transparency in their operations.

CoinShares, headquartered in Jersey, specializes in a wide range of digital asset management services and serves a diverse clientele, from individuals to corporations. Founded in 2013, the firm has grown its presence across multiple countries, including France, Sweden, the UK, and the U.S. Regulated in multiple jurisdictions, CoinShares is listed on Nasdaq Stockholm and OTCQX, showcasing robust compliance and governance.

Vine Hill, acting as a SPAC, completed a successful initial public offering of $220 million in September 2024. Currently trading under the ticker 'VCIC' on Nasdaq, Vine Hill aims to leverage its position to help businesses reach their full potential through the capital markets. The partnership between CoinShares and Vine Hill combines the technical expertise and regulatory experience of both parties, making it an attractive alliance for potential investors.

The journey to the completion of this merger is underlined by meticulous planning and strategic financial evaluations. Recent U.S. government shutdowns may complicate the SEC review process, but the companies remain optimistic about achieving their goal.

In an environment where digital assets are gaining recognition and regulation is evolving, this merger carries substantial implications for investors interested in the digital asset market. By marrying the operational strengths of CoinShares with the financial backing of Vine Hill, they aim to create a robust entity poised for future growth.

Investors, in anticipation of the merger, are advised to stay updated with the forthcoming definitive proxy statement and related documents that will be shared in due course. This documentation is crucial as it will detail not only the operations of the newly formed entity but also the financial prospects and strategic direction post-merger.

Key Takeaways

• - Confidential Submission: CoinShares and Vine Hill have confidentially submitted a draft registration to the SEC as part of their merger plans.
• - Projected Completion: The merger is anticipated to finalize by the end of Q1 2026, contingent on SEC review and necessary approvals.
• - Strategic Fusion: The partners aim to enhance their market positioning in the evolving landscape of digital assets and provide more dynamic investment opportunities for their stakeholders.