Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 167

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 167
---
 distribution. For more information about the material U.S. federal income tax treatment of the redemption rights of holders of Emerald Public Shares, see “ Material U.S. Federal Income Tax Considerations of Holders of New Fold Common Stock and Emerald Class A Common Stock — U.S. Holders — U.S. Federal Income Tax Considerations of Ownership and Disposition of New Fold Common Stock; Redemption of Emerald Public” and “— Non -U .S. Holders — U.S. Federal Income Tax Considerations of Ownership and Disposition of New Fold Common Stock; Redemption of Emerald Public.”The considerations of a redemption to any particular stockholder will depend on that stockholder’s particular facts and circumstances. Accordingly, you are urged to consult your tax advisor to determine your tax consequences from the exercise of your redemption rights, including the applicability and effect of U.S. federal, state, local and non -U.S. income and other tax laws in light of your particular circumstances. Emerald’s management has concluded that there is substantial doubt about its ability to continue as a “going concern.” Emerald has until December 20, 2025 to consummate a business combination. If a business combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution. Emerald had a working capital deficit of $6,246,983 as of September 30, 2024 and expects to incur significant expenses related to the consummation of the Business Combination. Management has determined that the liquidity condition and mandatory liquidation, should a business combination not occur, and potential subsequent dissolution, raises substantial doubt about Emerald’s ability to continue as a going concern. The financial statements contained elsewhere in this Registration Statement do not contain any adjustments that might result should Emerald be required to liquidate after December 20, 2025. Risks Related to the Business Combination and New Fold If the perceived benefits of the Business Combination do not meet the expectations of investors or securities analysts, the market price of Emerald Common Stock may decline before the Closing, or the market price of New Fold’s securities may decline after the Closing. If the perceived benefits of the Business Combination do not meet the expectations of investors or securities analysts, the market price of the Emerald Class A Common Stock prior to the Closing may decline. The market value of the Emerald Class A Common Stock at the time of the Business Combination may vary significantly from its price on the date the Merger Agreement was executed, the date of this proxy statement/prospectus, or the date on which Emerald stockholders