Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 499

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 499
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     |      |  7,072,300 |   |
| Net loss per share attributable to common stockholders:                      |     |                   |             |   |     |      |            |   |
| Basic and diluted                                                            |     |                 $ |       (9.27 | ) |     |    $ |      (0.82 | ) |

F-45

Fold, Inc.
Notes to Unaudited Condensed Financial Statements 14. NET LOSS PER SHARE (cont.) The following potential common shares were excluded from the calculation of diluted net loss per share because their effect would have been anti -dilutivefor the periods presented:

|                                 |     | Nine months ended 
     September 30, |     |            |
|                                 |     |              2024 |     |       2023 |
| Convertible preferred stock     |     |        12,364,815 |     | 12,364,815 |
| Unvested restricted stock units |     |         2,543,808 |     |  1,695,235 |
| SAFEs(1)                        |     |                 — |     |          — |
| Total anti-dilutive securities  |     |        14,908,623 |     | 14,060,050 |

____________ (1)The contingently convertible SAFEs were not included for purposes of calculating the number of diluted shares outstanding as of September 30, 2024 and 2023, as the number of dilutive shares is based on a conversion ratio associated with the pricing of a future financing or liquidation event. Therefore, the contingently convertible SAFEs’ conversion ratio, and the resulting number of dilutive shares, is not determinable until the contingency is resolved. 15. SUBSEQUENT EVENTS The Company evaluated subsequent events, if any, that would require an adjustment to the Company’s financial statements or require disclosure in the notes to the financial statements through January13, 2025, the date the financial statements were available to be issued. Where applicable, the notes to these financial statements have been updated to discuss significant subsequent events which have occurred. On December24, 2024, Fold entered into a Securities Purchase Agreement (the “December 2024 Securities Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which (i) Fold issued to the Investor a Senior Secured Convertible Note in an aggregate principal amount of $20,000,000 (the “December