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CoinShares International Limited

· $1.2B/Vine Hill Capital Investment Corp.private

Vine Hill / CoinShares Business Combination Proxy Statement

$1.2BStockDefinitive Proxyhigh confidence

Key takeaways

  • Vine Hill Capital Investment Corp. acquires CoinShares International Limited — $1.2B aggregate (stock).

Merger Arbeconomics, downside, days

Deal value

$1.2B

stock

Per-share offer

Premium

Days to close

Term fee

ConsiderationStock
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required
Vote date
Record date
Mailing date
Record → vote
Thresholdspecial resolution for Business Combination Proposal, SPAC Merger Proposal, and NTA Proposal; ordinary resolution for Organizational Document Proposal and Advisory Organizational Document Proposals
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups
0 done · 1 pending · 1 total
  • Shareholder approval· special resolution

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Comparablessimilar size band, definitive
AnnouncedTargetAcquirerValueConsid.PremiumTerm Fee %
Apr 24, 2026Bradbury Capital Holdings Inc.Technology & Telecommunication Acquisition Corporation$1.1Bstock
May 1, 2026Esperion Therapeutics, Inc.(ESPR)ARCHIMED$1.1Bmixed+58.0%
May 1, 2026Esperion Therapeutics, Inc.(ESPR)ARCHIMED$1.1Bmixed+58.0%
Apr 24, 2026ONE Nuclear Energy LLCHennessy Capital Investment Corp. VII$1.0Bstock
Apr 24, 2026Enhabit, Inc.(EHAB)Kinderhook Industries, LLC (via Anchor Parent, LLC and Anchor Merger Sub, Inc.)$1.4Bcash+33.8%
May 1, 2026Resulticks Global Companies Pte LimitedDiginex Limited$1.5Bstock
May 1, 2026Resulticks Global Companies Pte LimitedDiginex Limited$1.5Bstock
Apr 28, 2026European Lithium Ltd.(EUR)Critical Metals Corp.$835Mstock
Apr 28, 2026XOMA Royalty Corporation(XOMA)Ligand Pharmaceuticals Incorporated$739Mcash+14.0%
Apr 24, 2026Stellar Bancorp, Inc.(STEL)Prosperity Bancshares, Inc.$2.0Bmixed

Sources

Vine Hill Capital Investment Corp. is combining with CoinShares International Limited through a SPAC merger and scheme of arrangement to create CoinShares PLC, a publicly traded cryptocurrency platform company. The business combination values CoinShares at $1.2 billion and includes a $50 million PIPE investment. Holdco will become the parent company listed on Nasdaq under ticker symbol "CS" upon closing.

Item id: efc74b7b-82d7-488c-9f32-16013980bc4d · ingested Apr 24, 2026