Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 99

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 99
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 may dilute the economic and voting rights
of our existing stockholders, reduce the market price of our common stock, or both. Debt securities convertible into equity could be subject
to adjustments in the conversion ratio pursuant to which certain events may increase the number of equity securities issuable upon conversion.
Preferred stock, if issued, could have a preference with respect to liquidating distributions or a preference with respect to dividend
payments that could limit our ability to pay dividends to the holders of our common stock. Our decision to issue securities in any future
offering will depend on market conditions and other factors beyond our control, which may adversely affect the amount, timing or nature
of our future offerings. As a result, holders of our common stock bear the risk that our future offerings may reduce the market price
of our common stock and dilute their percentage ownership.

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The requirements of
being a public company, including compliance with the reporting requirements of the Exchange Act, the requirements of the Sarbanes-Oxley
Act and the requirements of Nasdaq, may strain our resources, increase our costs and require additional attention of management, and we
may be unable to comply with these requirements in a timely or cost-effective manner.

As a public company, we are subject
to laws, regulations and requirements, certain corporate governance provisions of the Sarbanes-Oxley Act, related regulations of the SEC
and the requirements of the Nasdaq. Complying with these statutes, regulations and requirements occupies a significant amount of time
of our board of directors and management and significantly increases our costs and expenses. For example, we have to institute a more
comprehensive compliance function, comply with rules promulgated by the Nasdaq, prepare and distribute periodic public reports in compliance
with our obligations under the federal securities laws, and establish new internal policies, such as those relating to insider trading.
We also have to retain and rely on outside counsel and accountants to a greater degree in these activities. In addition, being subject
to these rules and regulations make it more expensive for us to obtain director and officer liability insurance, and we may be required
to accept reduced policy limits and coverage or incur substantially higher costs to obtain the same or similar coverage. As a result,
it may be more difficult for us to attract and retain qualified individuals to serve on our board of directors or as executive officer.

We are an “emerging
growth company” and, as a result of the reduced disclosure and governance requirements applicable