Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 42

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 42
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 us, we may not exercise our redemption right if we are unable to register or qualify the underlying securities for sale under all applicable state securities laws. Redemption of the outstanding Public Warrants could force you (i) to exercise your Public Warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) to sell your Public Warrants at the then -currentmarket price when you might otherwise wish to hold your Public Warrants or (iii) to accept the nominal redemption price which, at the time the outstanding Public Warrants are called for redemption, is likely to be substantially less than the market value of your Public Warrants. At our election, any such exercise may be required to be on a cashless basis, which would lessen the dilutive effect of a warrant redemption. Historical trading prices for shares of Emerald Class A Common Stock have varied between a low of approximately $9.55 per share on February9, 2022 to a high of approximately $11.40 per share on August5, 2024, but have not approached the $18.00 per share threshold for redemption (which, as described above, would be required for 20 trading days within a 30 trading -dayperiod after they become exercisable and prior to their expiration, at which point the Public Warrants would become redeemable). In the event that Emerald elects to redeem all of the redeemable warrants as described above, Emerald will fix a date for the redemption. Notice of redemption will be mailed by first class mail, postage prepaid, by us not less than 30 days prior to the redemption date to the registered holders of the Public Warrants to be redeemed at their last addresses as they appear on the registration books. Any notice mailed in the manner provided in the warrant agreement shall be conclusively presumed to have been duly given whether or not the registered holder received such notice. Q.If I hold Emerald Warrants, can I exercise redemption rights with respect to my warrants? A.No. There are no redemption rights with respect to the Emerald Warrants. Q.Do I have appraisal rights if I object to the proposed Business Combination? A.No. There are no appraisal rights available to holders of shares of Emerald Common Stock or Emerald Warrants in connection with the Business Combination under the DGCL. Q.What happens to the funds held in the Trust Account upon consummation of the Business Combination? A.If the Business Combination is consummated, the funds held in the Trust Account will be released to pay