Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 197

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 197
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,      
 all of which shares are being registered under this prospectus, and (3) 869,565 shares of Common Stock underlying the SPV Series C Warrants, 
 exercisable at an exercise price of $11.50, all of which shares are being registered under this prospectus.                                  |

| (5) | For purposes of the calculations of Common Stock to be sold pursuant to this prospectus we are assuming                                       
 (a) the exercise of all of the SPV Series A Warrants and the SPV Series C Warrants and (b) that all of the additional notes issuable pursuant 
 to the SPV SPA have been issued as of the date of this prospectus.                                                                            |

| (6) | Represents the amount of shares that will be held by this Selling Securityholder after completion of this                                     
 offering based on the assumptions that (a) all shares of Common Stock underlying the Initial SPV Note and the SPV Warrants registered         
 for sale by the registration statement of which this prospectus is part of will be sold and (b) no other shares of Common Stock are acquired  
 or sold by this Selling Securityholder prior to completion of this offering. However, this Selling Securityholder may sell all, some or       
 none of such shares offered pursuant to this prospectus and may sell other shares of Common Stock that they may own pursuant to another       
 registration statement under the Securities Act or sell some or all of their shares pursuant to an exemption from the registration provisions 
 of the Securities Act, including under Rule 144.                                                                                              |

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| (7) | Consists of 680,000 shares of Common Stock held directly by the selling securityholder. The shares of Common Stock are being registered in accordance with the terms of the Subscription Agreement. Polar Multi-Strategy Master Fund (the “Polar Fund”) is under management by Polar Asset Management Partners Inc. (“PAMPI”). PAMPI serves as Investment Advisor to the Polar Fund and has control and discretion over the securities held by the Polar Fund. As such, PAMPI may be deemed the beneficial owner of the securities held by the Polar Fund. PAMPI disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest therein. The ultimate natural persons who have voting and dispositive power over the securities held by the Polar Fund are Paul Sabourin and Abdalla Ruken, Co-Chief Investment Officers of PAMPI. The address of the Polar