Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 97

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 97
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 to general macroeconomic conditions,
crypto market conditions and any disruptions in the crypto market, instability in the global banking system, increasing regulatory uncertainty
and scrutiny or other unforeseen factors. In addition, even if debt financing is available, the cost of additional financing may be significantly
higher than our current debt. If we incur additional debt, the debt holders would have rights senior to holders of our Common Stock to
make claims on our assets, and the terms of any debt could restrict our operations, including our ability to pay dividends on our Common
Stock. If we issue additional equity securities, stockholders will experience dilution, and the new equity securities could have rights
senior to those of our currently authorized and issued Common Stock. The trading prices for our Common Stock may be highly volatile, which
may reduce our ability to access capital on favorable terms or at all. In addition, a slowdown or other sustained adverse downturn in
the general economic or Bitcoin market could adversely affect our business and the value of our Common Stock. Because our decision to
raise capital in the future will depend on numerous considerations, including factors beyond our control, we cannot predict or estimate
the amount, timing, or nature of any future issuances of securities. As a result, our stockholders bear the risk of future issuances of
debt or equity securities reducing the value of our Common Stock and diluting their interests. Our inability to obtain adequate financing
or financing on terms satisfactory to us, when we require it, could significantly limit our ability to continue supporting our business
growth and responding to business challenges.

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Risks Related to our Common
Stock and Warrants

Our issuance of additional
shares of Common Stock, warrants or convertible securities may dilute your ownership interest in us and could adversely affect our stock
price.

From time to time in the future,
we may issue additional shares of our Common Stock, warrants or other securities convertible into Common Stock pursuant to a variety of
transactions, including acquisitions. Additional shares of our Common Stock may also be issued upon exercise of outstanding stock options
and warrants. The issuance by us of additional shares of our Common Stock, warrants or other securities convertible into our Common Stock
would dilute your ownership interest in us and the sale of a significant amount of such shares in the public market could adversely affect
prevailing market prices of our Common Stock and warrants. Subject to the satisfaction of vesting conditions and the expiration of our
lock-up, shares issuable upon exercise of