Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 119

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 119
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     |              | 14,970,335 |   |     |              |   7,072,300 |   |     |             |            |   |     |    |     |           |  46,138,876 |   |
| Earnings (loss) Per Share – Basic and Diluted                            |     | $            |      (0.12 | ) |     | $            |       (9.20 | ) |     |             |            |   |     |    |     | $         |        0.23 |   |

69

NOTES TO UNAUDITED PRO FORMACONDENSED COMBINED FINANCIAL INFORMATION Note 1. Basis of Pro Forma Presentation The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -Xas amended by the final rule, Release No. 33 -10786, “Amendments to Financial Disclosures about Acquired and Disposed Businesses.” Release No. 33 -10786replaces the existing pro forma adjustment criteria, which simplified requirements to depict the accounting for the transactions and present the reasonably estimable synergies and other transaction effects that have occurred or are reasonably expected to occur. These unaudited pro forma condensed combined financial statements do not present any estimable synergies and only present the Transaction adjustments, and have been presented to provide relevant information necessary for an understanding of the transactions discussed above. The results of the Business Combination and related financing transactions were reflected within the unaudited financial statements as of and for the three months ended March 31, 2025, and as such, the unaudited pro forma condensed combined balance sheet as of March 31, 2025, and unaudited pro forma condensed combined statement of operations for the three months ended March 31, 2025, have been omitted. The pro forma condensed combined statements of operations of Emerald and Fold for the year ended December 31, 2024 reflect any corresponding effects of the balance sheet adjustments to the statement of operations assuming those adjustments were made as of the beginning of the period presented. These adjustments are described in the accompanying notes and are based on available information and certain assumptions we believe are reasonable but are subject to change. Emerald and Fold are collectively referred to herein as the “Companies,” and the Companies, subsequent to the Business Combination and the Transactions, are referred to herein as “New Fold”. The Business Combination has been accounted for as a reverse recapitalization because