PANews reported on February 4th that, according to Globenewswire, digital asset management company CoinShares and special purpose acquisition company VineHill (VCIC) announced they have submitted a revised draft of their F-4 registration statement to the U.S. Securities and Exchange Commission (SEC). This submission follows the confidential submission of the initial draft registration statement and represents ongoing progress in the regulatory review process.

The merger is currently proceeding as planned, but is subject to customary closing conditions, including approval from the respective shareholders of CoinShares and VineHill, obtaining the necessary legislation from the Jersey Crown Court, the enactment of Form F-4, and approval from local regulatory authorities. A hearing is scheduled for February 17, 2026.