Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 197

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 197
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 forum for the resolution of any complaint asserting a cause of action arising under the Securities Act. Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought to enforce any duty or liability created by the Exchange Act or the rules and regulations thereunder. As a result, the exclusive forum provision will not apply to suits brought to enforce any duty or liability created by the Exchange Act or any other claim for which the federal courts have exclusive jurisdiction. Section 22 of the Securities Act creates concurrent jurisdiction for federal and state courts over all suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations thereunder. Accordingly, both state and federal courts have jurisdiction to entertain such claims. As noted above, the Proposed Charter provides that the federal district courts of the United States will be the exclusive forum for the resolution of any complaint asserting a cause of action under the Securities Act. Due to the concurrent jurisdiction for federal and state courts created by Section 22 of the Securities Act over all 105 suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations thereunder, there is uncertainty as to whether a court would enforce the exclusive form provision. Investors also cannot waive compliance with the federal securities laws and the rules and regulations thereunder. If, following the Business Combination, securities or industry analysts do not publish or cease publishing research or reports about New Fold, its business, or its market, or if they change their recommendations regarding New Fold’s securities adversely, the price and trading volume of New Fold’s securities could decline. The trading market for New Fold’s securities will be influenced by the research and reports that industry or securities analysts may publish about New Fold, its business, market or competitors. Securities and industry analysts do not currently, and may never, publish research on New Fold. If no securities or industry analysts commence coverage of New Fold, New Fold’s share price and trading volume would likely be negatively impacted. If any of the analysts who may cover New Fold change their recommendation regarding New Fold Common Stock adversely, or provide more favorable relative recommendations about New Fold’s competitors, the price of shares of New Fold Common Stock would likely decline. If any analyst who may cover New Fold were to cease coverage of New Fold or fail to regularly publish reports on it, New Fold could lose visibility in the financial markets, which in turn could cause its share price or trading volume to decline. Changes to laws or regulations or in how such laws or regulations are interpreted or applied, or a failure to comply with any laws, regulations