Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 251

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 251
---
 9.

The remaining terms for the other SAFEs issued
in 2024 reflect similar rights to, and obligations of, the Company as historically issued SAFEs.

<div align='center'>F-20

Fold, Inc.

Notes to Financial Statements</div>

SAFEs outstanding as of December 31, 2024 consisted
of the following purchase amounts and terms for conversion:

| SAFE Number |     | Amount Funded |            |     | Conversion Detail                     |
|:------------|:----|:--------------|-----------:|:----|:--------------------------------------|
| SAFE-27     |     | $             |    500,000 |     | 15% Discount Rate                     |
| SAFE-28     |     |               |    500,000 |     | 15% Discount Rate                     |
| SAFE-26     |     |               |  3,000,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-29     |     |               |  3,000,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-33     |     |               |    250,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-30     |     |               |    100,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-31     |     |               |    100,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-32     |     |               |     50,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-34     |     |               |  1,000,000 |     | Post-Money Valuation Cap $70,000,000  |
| SAFE-35     |     |               |  1,000,000 |     | Post-Money Valuation Cap $130,000,000 |
| SAFE-37     |     |               |  1,000,000 |     | Post-Money Valuation Cap $130,000,000 |
| SAFE-39     |     |               | 26,856,785 |     | Post-Money Valuation Cap $190,000,000 |
| SAFE-40     |     |               | 23,143,215 |