Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 267

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 267
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 effective under the Securities Act, cause the proxy statement/prospectus to be disseminated to holders of Emerald Common Stock in compliance with applicable law and (iii) after the Registration Statement has been declared effective under the Securities Act, solicit proxies from the holders of Emerald Common Stock to vote in accordance with the recommendation of the Emerald Board with respect to each of the Proposals. The Emerald Board shall not (and no committee or subgroup thereof shall) change, withdraw, withhold, qualify or modify, or publicly propose to change, withdraw, withhold, qualify or modify, the Emerald Board Recommendations Exclusivity Between the date of the Merger Agreement and the Closing, Emerald has agreed that it will not take, nor shall it permit any of its affiliates or representatives to take, whether directly or indirectly, any action to solicit, initiate, continue or engage in discussions or negotiations with, or enter into any agreement, letter of intent, memorandum of understanding or agreement in principle with, or encourage, respond, provide information to or commence due diligence with respect to, any person (other than Fold, its stockholders or any of their affiliates or representatives), 156 concerning, relating to or which is intended or is reasonably likely to give rise to or result in, any offer, inquiry, proposal or indication of interest, written or oral relating to any Business Combination other than with Fold, its stockholders and their respective affiliates and representatives. Emerald shall also, and shall cause its affiliates and representatives to, immediately cease any and all existing discussions or negotiations with any person conducted prior to the date of the Merger Agreement with respect to, or which is reasonably likely to give rise to or result in, a Business Combination. Stock Exchange Listing Until the Closing Date, Emerald has agreed to use reasonable best efforts to ensure Emerald remains listed as a public company on, and for the Public Shares to be listed on, Nasdaq. Covenants; Conduct of Business Pending the Merger Fold has agreed that, except as permitted by the Merger Agreement and the disclosure schedules, as required by law, or unless Emerald shall have provided written consent, during the period commencing on the date of the Merger Agreement and continuing until the closing of the Merger, Fold shall (i) use commercially reasonable efforts to (a) conduct its business in the ordinary course, and (b) preserve its goodwill and maintain existing relationships with its executive officers, and (ii) shall not: •adopt or propose any change in its or its subsidiaries’ organizational documents; •merge or consolidate itself or any of