CoinShares submits revised F-4 registration draft to advance SPAC merger and listing process

Digital asset management company CoinShares and special purpose acquisition company Vine Hill (VCIC) submitted a revised draft F-4 registration statement to the US Securities and Exchange Commission (SEC) on February 2, 2026, after the initial registration statement draft was secretly submitted on November 21, 2025. The merger transaction is still proceeding as planned, subject to customary delivery conditions, including shareholder approval, Jersey Royal Courts Act, F-4 form effectiveness, and local regulatory approval. The relevant hearing is scheduled for February 17, 2026.