Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 420

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 420
---
 any shares of New Fold Common Stock pursuant to the exercise of a Public Warrant and will have no obligation to settle such Public Warrant exercise unless a registration statement under the Securities Act with respect to the shares of New Fold Common Stock underlying the Public Warrants is then effective and a prospectus relating thereto is current, subject to New Fold satisfying its obligations described below with respect to registration. No Public Warrant will be exercisable and New Fold will not be obligated to issue shares of New Fold Common Stock upon exercise of a Public Warrant unless New Fold Common Stock issuable upon such Public Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the Public Warrants. In the event that the conditions in the two immediately preceding sentences are not satisfied with respect to a Public Warrant, the holder of such Public Warrant will not be entitled to exercise such Public Warrant and such Public Warrant may have no value and expire worthless. In no event will New Fold be required to net cash settle any warrant. In the event that a registration statement is not effective for the exercised Public Warrants, the purchaser of an Emerald Unit containing such Public Warrant will have paid the full purchase price for the Emerald Unit solely for the share of New Fold Common Stock underlying such Emerald Unit. Emerald has agreed that as soon as practicable, after the Closing, it will use its best efforts to file with the SEC a registration statement for the registration under the Securities Act of New Fold Common Stock issuable upon exercise of the Public Warrants, to cause such registration statement to become effective and to maintain a current prospectus relating to those shares of New Fold Common Stock until the Public Warrants expire or are redeemed, as specified in the warrant agreement. We cannot assure you that we will be able to do so if, for example, any facts or events arise which represent a fundamental change in the information set forth in the registration statement or prospectus, the financial statements contained or incorporated by reference therein are not current or correct or the SEC issues a stop order. If a registration statement covering the shares of New Fold Common Stock issuable upon exercise of the Public Warrants is not effective by the 60 thbusiness day after the Closing, Public Warrant holders may, until such time as there is an effective registration statement and during any period when New Fold has failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the