Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 81

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 81
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we,” “us,” “our,” and the “Company” in this section are to the business and operations of Fold prior to the Business Combination and the business and operations of New Fold as directly or indirectly affected by the Business Combination. Risks Related to Fold’s Business and Industry Our operating results have and will significantly fluctuate, including due to the highly volatile nature of Bitcoin. Our operating results are in part dependent on the broader Bitcoin economy. Due to the rapidly evolving nature of digital assets and the volatile price of Bitcoin, which has experienced and continues to experience significant volatility, our operating results have, and will continue to, fluctuate significantly from quarter to quarter in accordance with market sentiments and movements in the broader Bitcoin economy. Our operating results will continue to fluctuate significantly as a result of a variety of factors, many of which are unpredictable and in certain instances are outside of our control, including: •our ability to attract, maintain, and grow our customer base and engage our customers; •changes in the legislative or regulatory environment or actions by U.S. or foreign governments or regulators, including fines, orders, or consent decrees; •regulatory changes or scrutiny that impact our ability to offer certain products or services; •our ability to continue to diversify and grow our subscription and services revenue; •our mix of revenue between transaction and subscription and services; •pricing for or temporary suspensions of our products and services; •investments we make in the development of products and services, international expansion, and sales and marketing; •our ability to establish and maintain partnerships, collaborations, joint ventures, or strategic alliances with third parties; •market conditions of, and overall sentiment towards, Bitcoin; •macroeconomic conditions, including interest rates, inflation and central banking policies; •adverse legal proceedings or regulatory enforcement actions, judgments, settlements, or other legal proceeding and enforcement -relatedcosts; •the development and introduction of existing and new products and services by us or our competitors; •our ability to control costs, including our operating expenses incurred to grow and expand our operations and to remain competitive; 43 •system failure, outages or interruptions, including with respect to our and our partners’ platforms; •our lack of control over decentralized or third -partyblockchains and networks that may experience downtime, cyber -attacks, critical failures, errors, bugs, corrupted files, data losses, or other similar software failures, outages, breaches and losses; •breaches of security or privacy; •inaccessibility of our and our partners’ platforms