Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 472

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 472
---
 end of the periods presented:

| Balance at January 1, 2022       |     | SAFEs |          — |
|:---------------------------------|:----|:------|-----------:|
| Proceeds from issuances of SAFEs |     |       |  7,000,000 |
| Change in fair value of SAFEs    |     |       |  1,727,540 |
| Balance at December 31, 2022     |     |       |  8,727,540 |
| Proceeds from issuances of SAFEs |     |       |    500,000 |
| Change in fair value of SAFEs    |     |       |  1,374,005 |
| Balance at December 31, 2023     |     | $     | 10,601,545 |

14. SAFEGUARDING OBLIGATION FOR DIGITAL ASSETS As of December31, 2023 and 2022, we had safeguarding customer digital assets and liabilities, comprised solely of bitcoin, of $1.2million and $0.3million, respectively. The safeguarding liability and corresponding safeguarding customer digital assets on the balance sheets are measured at the fair value of the digital assets held for our customers. We are not aware of any actual or possible safeguarding loss events as of and for the years ended December31, 2023 or 2022 that would have a material impact on these balances. We provide custody services on behalf of our customers through unrelated third -partyservice providers, who are qualified custodians. We do not own digital assets held in a custodial capacity on behalf of our customers. We maintain internal record keeping of those assets and are obligated to safeguard the assets. We do not hold the cryptographic key information on behalf of our customers. The qualified custodians used by Fold hold our customer cryptographic key information. 15. NET LOSS PER SHARE Basic net loss per share is computed by dividing the net loss by the weighted -averagenumber of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted -averagenumber of shares of common stock outstanding adjusted for the dilutive effect of all potential shares of common stock. In periods when the Company reported a net loss, diluted net loss per share is the same as basic net loss per share because the effects of potentially dilutive items were anti -dilutive.

|                                                                    |     | Year ended December