Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 203

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 203
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 advisor of Sea Otter Trading LLC and has investment and dispositive power over the securities held by these entities. Peter Smith and Nicholas Fahey are the Managing Members of Sea Otter Advisors, LLC and may be deemed to have voting and investment control with respect to the securities held by these entities. Each of the parties in this footnote disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest that the party may have therein. The business address of these entities is 107 Grand Street, New York, NY 10013. |

<div align='center'>117

DESCRIPTION
OF CAPITAL STOCK</div>

General

The following description summarizes some of the
terms of our certificate of incorporation and bylaws and the DGCL. This description is summarized from, and qualified in its entirety
by reference to, our certificate of incorporation and bylaws, each of which has been publicly filed with the SEC, as well as the relevant
provisions of the DGCL.

Our purpose is to engage in any lawful act or activity
for which corporations may now or hereafter be organized under the DGCL. Our authorized capital stock consists of 600,000,000 shares of
Common Stock, par value $0.0001 per share, and 20,000,000 shares of preferred stock, par value $0.0001 per share. No shares of preferred
stock are issued or outstanding. Unless our board of directors determines otherwise, we will issue all shares of our capital stock in
uncertificated form.

Common Stock

Voting Power

Except as otherwise required by law, as otherwise
provided in our certificate of incorporation (as may be amended from time to time) or as otherwise provided in any certificate of designation
for any series of preferred stock, the holders of shares of our Common Stock possess all voting power for the election of directors and
all other matters requiring stockholder action. Holders of shares of our Common Stock are entitled to one vote for each share held on
all matters to be voted on by stockholders.

Dividends

Subject to applicable law, the rights and preferences
of the holders of our preferred stock and any other provisions of our certificate of incorporation, as it may be amended from time to
time, holders of our Common Stock are entitled to receive such dividends and other distributions in cash, stock or property of Fold when,
as and if declared thereon by our Board, in its discretion, from time to time out of assets or funds of Fold legally