Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 262

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 262
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 disclosure requirements. ASU 2023 -09is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company does not believe the adoption of ASU 2023 -09will have a material impact on its financial statements and disclosures. In March 2024, the SEC adopted new rules that will require registrants to provide certain climate -relatedinformation in their registration statements and annual reports. The rules require information about a registrant’s climate -relatedrisks that are reasonably likely to have a material impact on its business, results of operations, or F-18

Fold, Inc.
Notes to Financial Statements 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) financial condition. The required information about climate -relatedrisks will also include disclosure of a registrant’s greenhouse gas emissions. In addition, the rules will require registrants to present certain climate -relatedfinancial metrics in their audited financial statements. We are currently evaluating the potential impact of these rules on our financial statements and related disclosures. In November 2024, the FASB issued ASU 2024 -03, Expense DisaggregationDisclosures (Topic 220), which requires entities to include more detailed information about the types of expenses, including purchases of inventory, employee compensation, depreciation, and amortization, in commonly presented expense captions such as cost of sales, research and development, and selling, general and administrative expenses. ASU 2024 -03is effective for fiscal years beginning after December 15, 2026, with early adoption permitted. The Company is currently evaluating the impact of this standard on its financial statement presentation and disclosures. We do not believe that any other recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on our financial statements. 3. REVENUE Disaggregation of revenue We disaggregate revenue by service type and by platform as follows:

|                                    | Revenue stream |   |   Year Ended 
 December 31, 
         2024 |   |     |   |   Year Ended 
 December 31, 
         2023 |   |
|:-----------------------------------|:---------------|:--|-------------:|:--|:----|:--|-------------:|:--|
| Banking and payment revenues       |                | $ |   23,432,996 |   |     | $ |   21,369,897 |   |
| Custody and trading revenues       |