Company: FLDDW
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0000950170-25-072851
Chunk: 31

Company: Fold Holdings, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 31
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 loss (NOL) carryforwards available to offset future taxable income. Section 382 imposes an annual limitation on the amount of taxable income that can be offset by NOLs following a greater than 50% ownership change by 5% shareholders over a rolling three-year period. As of March 31, 2025, the Company has not completed a study to assess Section 382. Until this analysis is complete, no assurance can be given that the Company will be able to fully utilize its NOL carryforwards. If a limitation is determined to apply, it could materially impact the Company’s ability to offset future taxable income and reduce future cash tax obligations. The Company will update this disclosure in future filings as more information becomes available.

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Fold Holdings, Inc.

Notes to Unaudited Condensed Financial Statements</div>

15. FAIR VALUE MEASUREMENTS Financial assets and liabilities that are measured at fair value on a recurring basis are classified as Level 1, Level 2, and Level 3 as follows:

|                            |     | As of March 31, 2025 |             |     |         |             |     |         |   |     |         |            |
|:---------------------------|:----|:---------------------|------------:|:----|:--------|------------:|:----|:--------|:--|:----|:--------|-----------:|
|                            |     | Total                |             |     | Level 1 |             |     | Level 2 |   |     | Level 3 |            |
| Assets:                    |     |                      |             |     |         |             |     |         |   |     |         |            |
| Digital assets             |     | $                    | 130,323,297 |     | $       | 130,323,297 |     | $       | - |     | $       |          - |
| Total assets               |     | $                    | 130,323,297 |     | $       | 130,323,297 |     | $       | - |     | $       |          - |
| Liabilities:               |     |                      |             |     |         |             |     |         |   |     |         |            |
| Customer rewards liability |     | $                    |   7,365,544 |     | $       |           - |     | $       | - |     | $       |