Company: FLDDW
Filing Date: 2025-07-11
Form Type: S-1
Source: 0001213900-25-062935
Chunk: 220

Company: Fold Holdings, Inc.
Filing Date: 2025-07-11
Form: S-1
Chunk 220
---
 we choose to do so, we must first obtain stockholder approval to issue shares in excess of the Exchange Cap and register for resale under the Securities Act such additional shares. The number of shares of our Common Stock ultimately offered for resale by SZOP will depend upon the number of shares we elect to sell to SZOP under the Facility. (3)SZOP Opportunities I, LLC is wholly -ownedby SZOP Multistrat LP (the “Facility Fund”). SZOP Multistrat Management LLC serves as the investment advisor to the Facility Fund (the “Facility Advisor”). Antonio Ruiz -Gimenezand Kerry Propper serve as the managing members of the Facility Adviser (the “Managing Members”). The Facility Fund, the Facility Adviser and the Managing Members may be deemed to have shared voting and dispositive power with respect to the securities beneficially owned by SZOP. The Facility Fund, Facility Adviser and the Managing Members each disclaim beneficial ownership of the Company’s securities reported herein except to the extent of their pecuniary interest therein. The business address of each of the foregoing entities and individuals is c/o SZOP Multistrat Management LLC, ONE PENN, 1 Pennsylvania Plaza, Suite 4810, New York, New York 10119.

139 (4)Represents 75,000 Placement Shares issued to Cohen & Company Securities, LLC as a fee for its role as placement agent in connection with the Facility. Jerry Serowik, Head of the Cohen & Company Capital Markets division of Cohen & Company Securities, LLC, may be deemed a beneficial owner of securities held by Cohen & Company Securities, LLC. The business address of Cohen & Company Securities, LLC is 3 Columbus Circle, 24th Floor, New York, NY 10019. (5)Assumes that all shares of Common Stock issuable pursuant to the Facility up to the Exchange Cap are issued, without regard to any share or volume limitation and without regard to the Beneficial Ownership Cap, and assumes the Company has not received stockholder approval as required for the issuance of Common Stock in excess of the Exchange Cap. Certain Relationships with the Selling Stockholders Cohen & Company Securities, LLC (“Cohen”) acted as the placement agent in connection with the transactions contemplated by the Facility, for which the Company has agreed to issue 75,000shares of Common Stock to Cohen at the time of the placement of the Facility in connection with the placement of the Facility, and to pay customary placement fees and reimburse certain expenses of Cohen. On June