Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 770

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 770
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 financial statements for the calendar years ending December 31, 2024, and December 31, 2025 and for the twelve months ending June 30, 2025; 5.certain non-public financial and business information provided to us by EMLD, the Company, and their respective advisors; 6.certain internal financial information, estimates, and financial and operations forecasts for the Company, prepared by the management of the Company or EMLD; 7.certain press releases issued by EMLD and the Company; 8.certain industry and research reports relevant to the industry in which the Company operates; and 9.the reported historical price and trading activity for the securities of EMLD, compared to certain financial stock market information for EMLD with certain other publicly traded companies, and reviewed the financial terms of certain recent business combinations, and other studies and analyses we deemed appropriate. Annex F-1 We have spoken with certain members of the respective management teams of EMLD and the Company and certain of their respective representatives and advisors regarding the business, operations, financial condition and prospects of the Company, the Merger, and related matters. We participated in financial and business diligence calls with executive management of EMLD and the Company, regarding, among other things, certain financial projections prepared by EMLD and the Company, the business and financial results and outlook of the Company, and the Merger structure and background. We have also compared the financial and operating performance of the Company with that of companies with publicly traded equity securities that we deemed to be relevant. In addition, we have conducted such other analyses, examinations, and inquiries and considered such other financial, economic and market criteria as we have deemed necessary and appropriate in arriving at our Opinions. With your consent, we have relied upon and assumed, without independent verification, the accuracy and completeness of all data, material and other information furnished, or otherwise made available, to us, discussed with or reviewed by us, or publicly available, and assume no responsibility to independently verify such data, material, and other information. In addition, EMLD’s and the Company’s respective management teams have advised us, and we have assumed with your permission, that the financial projections provided to us have been reasonably prepared in good faith on bases reflecting the best available estimates and judgments of EMLD’s and the Company’s respective management teams as to the future financial results and condition of the Company, and we express no opinion regarding such projections or the assumptions on which they are based. We