Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 560

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 560
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ewith, see the Current Report on Form 8-K filed by the Company on July 24, 2024.

NOTE 7. STOCKHOLDERS’ DEFICIT Preferred Stock The Company is authorized to issue 1,000,000shares of preferred stock with a par value of $ 0.0001per share. As of September 30, 2024 and December 31, 2023, there were noshares of preferred stock issued or outstanding. Class A Common Stock The Company is authorized to issue 42,000,000shares of Class A common stock with a par value of $ 0.0001per share. Holders of Class A common stock are entitled to onevote for each share. Following the Meeting on September 19, 2023, the Sponsor determined to convert all the outstanding shares of Class B common stock into shares of Class A common stock on a one -for-onebasis (the “Class B Conversion”). Notwithstanding the Class B Conversion, the Sponsor, as well as the Company’s officers and directors, will not be entitled to receive any funds held in the Trust Account with respect to any shares of Class A common stock issued to such holders as a result

F-86 FTAC EMERALD ACQUISITION CORP.
NOTES TO CONDENSED FINANCIAL STATEMENTS
SEPTEMBER 30, 2024
(Unaudited) NOTE 7. STOCKHOLDERS’ DEFICIT (cont.) of the Class B Conversion, and no additional amounts will be deposited into the Trust Account in respect of shares of Class A common stock held by the Sponsor. As of September 30, 2024 and December 31, 2023, there were 14,349,106and 25,221,372shares of Class A common stock issued and outstanding, respectively, of which 4,757,884shares and 15,630,150shares are subject to possible redemption, respectively, and thus classified as temporary equity. Class B Common Stock The Company is authorized to issue 10,000,000shares of Class B common stock with a par value of $ 0.0001per share. Holders of the Class B common stock are entitled to onevote for each share. Holders of Class B common stock will vote on the election of directors prior to the consummation of a Business Combination. Holders of Class A common stock and Class B common stock will vote together as a single class on all