Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 436

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 436
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 to the Business Combination — The Registration Rights Agreement.” Rule 144 Pursuant to Rule 144, a person who has beneficially owned restricted shares of Emerald Class A Common Stock (which, in connection with the Business Combination, will be converted into New Fold Common Stock) or restricted Emerald Warrants for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have been one of New Fold’s affiliates at the time of, or at any time during the three months preceding, a sale and (ii) we are subject to the Exchange Act periodic reporting requirements for at least three months before the sale and have filed all required reports under Section 13 or 15(d) of the Exchange Act during the 12 months (or such shorter period as we were required to file reports) preceding the sale. Persons who have beneficially owned restricted shares of Emerald Class A Common Stock (which, in connection with the Business Combination, will be converted into New Fold Common Stock) or restricted Emerald Warrants for at least six months but who are New Fold’s affiliates at the time of, or any time during the three months preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three -monthperiod only a number of securities that does not exceed the greater of either of the following: •1% of the total shares of New Fold Common Stock then outstanding; or •the average weekly reported trading volume of New Fold Common Stock during the four calendar weeks preceding the filing of a notice on Form 144 with respect to the sale. Sales by affiliates of New Fold under Rule 144 are also subject to certain requirements relating to manner of sale, notice and the availability of current public information about New Fold. Restrictions on the Use of Rule 144 by Shell Companies or Former Shell Companies Rule 144 is not available for the resale of securities initially issued by shell companies (other than business combination related shell companies) or issuers that have been at any time previously a shell company. However, Rule 144 also includes an important exception to this prohibition if the following conditions are met: •the issuer of the securities that was formerly a shell company has ceased to be a shell company; 272 •the issuer of the securities is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act; •the issuer of the securities has filed all Exchange Act reports and material required to be filed, as applicable, during the preceding 12 months (or such