Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 13

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 13
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 after this offering is based on 46,716,520 outstanding as of July 1, 2025, and excludes, unless otherwise stated: •5,924,582shares of our Common Stock issuable upon conversion of the outstanding Notes; •15,099,378shares of our Common Stock issuable upon exercise of outstanding warrants, with an average exercise price of $11.63 per share; and •3,574,446shares of our Common Stock issuable upon vesting of issued restricted stock units (as of June30, 2025).

6 RISK FACTORS You should carefully consider the risks and uncertainties described below and the other information in this prospectus before making an investment in our Common Stock or Warrants. Our business, financial condition, results of operations, or prospects could be materially and adversely affected if any of these risks occurs, and as a result, the market price of our Common Stock and Warrants could decline and you could lose all or part of your investment. This prospectus also contains forward -looking statements that involve risks and uncertainties. See “Cautionary Statement Regarding Forward -Looking Statements.” Our actual results could differ materially and adversely from those anticipated in these forward -looking statements as a result of certain factors, including those set forth below. Risks Related to this Offering The sale of our Common Stock to SZOP may cause dilution to existing stockholders and the subsequent sale of the shares of Common Stock acquired by SZOP, or the perception that such sales may occur, could cause the price of our Common Stock to fall. On June 16, 2025, we entered into the Facility with SZOP, pursuant to which SZOP committed to purchase up to $250,000,000 of our Common Stock. The shares that we may issue and sell to SZOP under the Facility may be sold by us to SZOP from time to time at our discretion over a 24 -monthperiod commencing on the date that the conditions set forth in the Facility are satisfied, including that a registration statement of which this prospectus forms a part is declared effective by the SEC. The purchase price for the shares that we may issue and sell to SZOP under the Facility will vary based on the price of our Common Stock at the time we initiate the sale. Depending on market liquidity at the time, sales of such shares may cause the trading price of our Common Stock to fall. We generally have the right to control the timing and amount of any future sales of our shares to SZOP. Sales of