Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 869

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 869
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 be continuing or (ii) through the date that is twenty (20) Business Days after the consummation of a Fundamental Transaction in the event that a Fundamental Transaction is publicly announced or a Change of Control Notice is delivered prior to the Maturity Date. (uu)“ New Subsidiary ” means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “ New Subsidiaries ”. (vv)“ Options ” means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities. (ww)“ Parent Entity ” of a Person means an entity that, directly or indirectly, controls the applicable Person and whose common stock or equivalent equity security is quoted or listed on an Eligible Market, or, if there is more than one such Person or Parent Entity, the Person or Parent Entity with the largest public market capitalization as of the date of consummation of the Fundamental Transaction. (xx)“ Permitted Credit Card Indebtedness ” means Indebtedness, arising pursuant to a credit card accounts receivable factoring facility, in an aggregate amount not to exceed $100,000,000, the sole recourse of which is to assets that do not constitute Collateral. (yy)“ Permitted Indebtedness ” means (i)Indebtedness evidenced by this Note, the Other Notes and any Additional Notes, (ii)Indebtedness set forth on Schedule 3(s) to the Securities Purchase Agreement, as in effect as of the Subscription Date, (iii)Indebtedness secured by Permitted Liens or unsecured but as described in clauses (iv) and (v) of the definition of Permitted Liens, (iv)Permitted Credit Card Indebtedness, (v)prior to the Public Company Date, Permitted Safe Notes; (vi)Permitted Subordinated Indebtedness; Annex I-37 (vii)Permitted Treasury Indebtedness; (viii)unsecured Indebtedness to trade creditors incurred in the ordinary course of business; (ix)Permitted Insurance Premium Indebtedness; (x)Indebtedness incurred as a result