Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 286

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 286
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 that are pass -throughentities rather than corporations or individuals. A Non -U.S. Holder that is eligible for a reduced rate of U.S. withholding tax pursuant to an income tax treaty may obtain a refund of any excess amounts withheld by timely filing an appropriate claim for refund with the IRS. Non -U.S. Holders are urged to consult their tax advisors regarding their entitlement to the benefits under any applicable income tax treaty. Sale, Exchange or Other Taxable Disposition of New Fold Common Stock; Redemptions Treated as a Sale or Exchange Subject to the discussion of backup withholding and FATCA below, any gain realized by a Non -U.S. Holder on the taxable disposition of New Fold Common Stock (or on a redemption of Emerald Public Shares treated as a sale or exchange) will not be subject to U.S. federal income tax unless: •the gain is effectively connected with a trade or business of the Non -U.S. Holder in the United States (and, if required by an applicable income tax treaty, is attributable to a United States permanent establishment or fixed base of the Non -U.S. Holder); •the Non -U.S. Holder is an individual who is present in the United States for a period or periods aggregating 183 days or more in the taxable year of the disposition, and certain other conditions are met; or 170 •New Fold is or has been a “United States real property holding corporation” for U.S. federal income tax purposes at any time during the shorter of the five -yearperiod ending on the date of disposition or redemption or the Non -U.S. Holder’s holding period for such securities disposed of, and either (A) shares of New Fold Common Stock (or Emerald Public Shares, as applicable) are not considered to be regularly traded on an established securities market or (B) such Non -U.S. Holder has owned or is deemed to have owned, at any time during the shorter of the five -yearperiod preceding such disposition and such Non -U.S. Holder’s holding period more than 5% of the outstanding shares of New Fold Common Stock (or Emerald Public Shares, as applicable). There can be no assurance that shares of New Fold Common Stock or Emerald Public Shares will be treated as regularly traded on an established securities market for this purpose. A non -corporateNon -U.S. Holder described in the first bullet point immediately above will be subject to tax on the net gain derived from the sale under regular graduated U.S. federal income tax rates. An