Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 313

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 313
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 and exemptions from the requirements
of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously
approved. We cannot predict if investors will find our shares of common stock less attractive because we will rely on these exemptions.
If some investors find our shares of common stock less attractive as a result, there may be a less active market for our shares of common
stock and our share price may be more volatile.

64

Anti-takeover provisions contained in our Charter and Bylaws,
as well as provisions of Delaware law, could impair a takeover attempt.

Our Charter and Bylaws contain provisions that could
have the effect of delaying or preventing changes in control or changes in our management without the consent of our board of directors.
These provisions include:

●no cumulative voting in the election of directors, which
limits the ability of minority stockholders to elect director candidates;

●the exclusive right of our board of directors to elect a
director to fill a vacancy created by the expansion of the board of directors or the resignation, death, or removal of a director with
or without cause by stockholders, which prevents stockholders from being able to fill vacancies on our board of directors;

●the ability of our board of directors to determine whether
to issue shares of our Preferred Stock and to determine the price and other terms of those shares, including preferences and voting rights,
without stockholder approval, which could be used to significantly dilute the ownership of a hostile acquirer;

●a prohibition on stockholder action by written consent, which
forces stockholder action to be taken at an annual or special meeting of our stockholders;

●the requirement that a special meeting of stockholders may
be called only by the chairperson of the board of directors, the chief executive officer, the president or the board of directors, which
may delay the ability of our stockholders 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