Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 61

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 61
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 of Emerald Common Stock issuable to the holders of shares of Fold Common Stock pursuant to the Merger Agreement shall have been authorized for listing on Nasdaq upon official notice of issuance, and (vii) Emerald shall have delivered a counterpart of each of the Transaction Documents to which it or Merger Sub is a party. Any party to the Merger Agreement may, at any time prior to the Closing Date, by action taken by its board of directors or equivalent governing body, or officers thereunto duly authorized, waive any of the terms or conditions of the Merger Agreement, including the conditions to closing set forth above, to the extent permitted by applicable laws and, in the case of Emerald, the Existing Charter. Termination The Merger Agreement may be terminated and the Business Combination abandoned: •by mutual written consent of Fold and Emerald; •by either Emerald or Fold if the transactions are not consummated on or before January24, 2026, provided that the failure to consummate the transaction by that date is not due to a material breach by the party seeking to terminate and which such breach is the proximate cause for the conditions to close not being satisfied; 27 •by either Emerald or Fold if a governmental entity shall have issued a law or final, non -appealablegovernmental order, rule or regulation permanently enjoining or prohibiting the consummation of the Merger, provided that, the party seeking to terminate cannot have breached its obligations under the Merger Agreement in any manner that has proximately contributed to the governmental action; •by either Emerald or Fold if the other party has breached its representations, warranties, covenants or agreements in the Merger Agreement such that the conditions to closing cannot be satisfied and such breach cannot be cured by January24, 2026, provided that the party seeking to breach is not itself in breach of the Merger Agreement; •by written notice from Emerald to Fold if Fold had not provided Emerald with audited financial statements for the years ended December31, 2023 and December31, 2022, by November15, 2024 (Fold provided such audited financial statements to Emerald in October 2024 for inclusion in the Registration Statement of which this proxy statement/prospectus is a part and, therefore, this termination provision is inapplicable); •by written notice from Emerald to Fold if the Fold stockholders do not approve the Merger Agreement due to the failure of Fold to obtain the required stockholder vote; •by written notice from Fold to Emerald if the