Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 113

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 113
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holders to force consideration of a proposal or to take action, including the removal of directors;

●limiting the liability of, and providing indemnification
to, our directors and officers;

●controlling the procedures for the conduct and scheduling
of stockholder meetings;

●providing for a staggered board, in which the members of
the board of directors are divided into three classes to serve for a period of three years from the date of their respective appointment
or election;

●granting the ability to remove directors with cause by the affirmative
vote of 662/3% in voting power of the outstanding shares of our Common Stock entitled to vote thereon;

●requiring the affirmative vote of at least 662/3% of the voting power
of the outstanding shares of our capital stock entitled to vote generally in the election of directors, voting together as a single class,
to amend the Bylaws or certain provisions of the Charter; and

●advance notice procedures that stockholders must comply with
in order to nominate candidates to our Board or to propose matters to be acted upon at a stockholders’ meeting, which may discourage
or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise
attempting to obtain control of us.

These provisions, alone or together, could delay
hostile takeovers and changes in control of us or changes in the Board and management.

As a Delaware corporation, we are also subject to
provisions of Delaware law, including Section 203 of the DGCL, which will prevent some stockholders holding more than 15% of our
outstanding Common Stock from engaging in certain business combinations without approval of the holders of substantially all of our Common
Stock. Any provision of the Charter or Bylaws or Delaware law that has the effect of delaying or deterring a change in control could limit
the opportunity for our stockholders to receive a premium for their shares of our Common Stock and could also affect the price that some
investors are willing to pay for our Common Stock.

65

Our business and operations could be negatively affected if it
becomes subject to any securities litigation or stockholder activism, which could cause us to incur significant expense, hinder execution
of business and growth strategy and impact its stock price.

In the past, following periods of volatility in
the market price of a company’s securities, securities class action litigation has often been brought against that company. Stockholder
activism, which could take many