Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 272

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 272
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 •declare or pay any dividends on, or make any other distributions of any form in respect of any of its outstanding capital stock; •split, combine, reclassify or otherwise change any of its capital stock; •except as required by Emerald’s organizational documents, repurchase, redeem or otherwise acquire any capital stock of, or other equity interests in, Emerald; •enter into, or permit any of the assets owned or used by it to become bound by any new material contract; •enter into, renew or amend in any material respect, any transaction or contract with an affiliate of Emerald or Merger Sub; •incur or assume, directly or indirectly any debt, or guarantee any debt of another, except for intra -companyindebtedness, and except for an aggregate of up to $2,000,000 of indebtedness from Emerald’s affiliates (including the Sponsor) in order to fund Emerald’s reasonable capital requirements, with any such loans to be made only as reasonably required by the operation of Emerald in due course on a non -interestbasis, and indebtedness from Emerald’s affiliates (including the Sponsor) in order to fund the payment of any excise tax; •make any loans, advances, guarantees or capital contributions to anyone other than to Fold or a wholly -ownedsubsidiary of Fold; •make any changes with respect to its accounting policies or procedures except as may be required by law or GAAP; •issue, sell, grant or authorize the issuance, sale or grant of any shares of capital stock or other securities of Emerald or any subsidiary or any options or other similar rights entitling its holder to receive or acquire any shares of capital stock or other securities of Emerald or any of its subsidiaries, other than in connection with the exercise of any warrants outstanding on the date of the Merger Agreement; •amend, modify or waive any of the terms or rights set forth in any warrant or warrant agreement; •enter into, adopt or amend any employee benefit plan (other than the adoption of the Incentive Award Plan and ESPP) or enter into any employment contract or collective bargaining agreement, grant or establish any form of compensation or benefits to any current or former employee or other individual service provider of Emerald or its subsidiaries, or hire any employee or any other individual to provide services to Emerald or its subsidiaries following the Closing; •except in the ordinary course of business consistent with past practice, file any material amended tax return, make, revoke or change any material tax election, adopt or change any material tax accounting method