Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 431

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 431
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 transferable by persons other than by Emerald’s “affiliates” without restriction or further registration under the Securities Act, subject to any lock -uprestrictions. Sales of substantial amounts of the Emerald Class A Common Stock (which, in connection with the Business Combination, will be converted into New Fold Common Stock) in the public market could adversely affect prevailing market prices of New Fold Common Stock. Lock-up Provisions Holders of those shares of New Fold Common Stock issued or issuable as Merger Consideration pursuant to the Business Combination will be subject to a lock -upuntil the earlier of (i) such time as the New Fold Common Stock price exceeds $12.00 per share for a period of at least twenty (20) days out of thirty (30) consecutive trading days ending on the trading day immediately prior to the date of determination (as equitably adjusted for stock splits, reverse stock splits, stock dividends, reorganizations, recapitalizations, reclassifications, combinations, exchanges of shares or other like changes or transactions with respect to shares of New Fold Common Stock) or (ii) the date that is six months following the Closing. Registration Rights Emerald has agreed to give holders of certain restricted securities, including shares of Emerald Class A Common Stock, registration rights to facilitate the resale of such restricted securities. Emerald has also agreed to register the Emerald Class A Common Stock issuable upon exercise of the Emerald Warrants. Additional details of these rights can be found under the sections entitled “ Certain Agreements Related to the Business Combination — The Registration Rights Agreement.” Rule 144 Pursuant to Rule 144, a person who has beneficially owned restricted shares of Emerald Class A Common Stock (which, in connection with the Business Combination, will be converted into New Fold Common Stock) or restricted Emerald Warrants for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have been one of New Fold’s affiliates at the time of, or at any time during the three months preceding, a sale and (ii) we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale and have filed all required reports under Section 13 or 15(d) of the Exchange Act during the 12 months (or such shorter period as we were required to file reports) preceding the sale. Persons who have beneficially owned restricted shares of Emerald Class A Common Stock (which, in connection with the Business Combination, will be converted into New Fold Common Stock) or restricted Emerald Warrants