Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 280

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 280
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subchapter S corporations, partnerships or other pass -throughentities for U.S. federal income tax purposes or holders of interests therein; •regulated investment companies, mutual funds or real estate investment trusts; •“controlled foreign corporations” or “passive foreign investment companies”; •persons that acquired Emerald Public Shares or New Fold Common Stock through the exercise of employee stock options or otherwise as compensation or through a tax -qualifiedretirement plan; •U.S. Holders whose functional currency is not the U.S. dollar; 165 •U.S. Holders that hold New Fold Common Stock or Emerald Public Shares in connection with a trade or business conducted outside of the U.S.; •former citizens or residents of the United States; •persons that hold New Fold Common Stock or Emerald Public Shares as part of a straddle, hedge, integrated transaction or similar transaction; or •persons who own five percent or more (by vote or value) of Emerald Public Shares or New Fold Common Stock. For purposes of this discussion, a “U.S. Holder” is a beneficial owner of New Fold Common Stock or Emerald Public Shares, that is, for U.S. federal income tax purposes: •an individual who is a citizen or resident of the United States; •a corporation or other entity treated as a corporation and organized in or under the laws of the United States, any state thereof or the District of Columbia; •an estate the income of which is includible in gross income for U.S. federal income tax purposes regardless of its source; •a trust (A) the administration of which is subject to the primary supervision of a U.S. court and which has one or more United States persons who have the authority to control all substantial decisions of the trust or (B) that has made a valid election under applicable U.S. Treasury regulations to be treated as a United States person. A “Non -U.S. Holder” is a beneficial owner of New Fold Common Stock or Emerald Public Shares who is or that is, for U.S. federal income tax purposes, an individual, corporation, estate or trust that is not a U.S. Holder. If an entity or arrangement treated as a partnership for U.S. federal income tax purposes or other pass -throughentity holds New Fold Common Stock or Emerald Public Shares, the U.S. federal income tax treatment of a partner in the partnership or equityholder in the pass -throughentity will depend upon the status of the partner or equityholder, upon the activities of the partnership or other pass -throughentity and upon