Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 307

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 307
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 ability to accurately report our financial condition or results of operations. If we are unable to
conclude that our internal control over financial reporting is effective, or if our independent registered public accounting firm determines
we have a material weakness or significant deficiency in our internal control over financial reporting, investors may lose confidence
in the accuracy and completeness of our financial reports and the market price of our common stock could decline. We could become subject
to investigations by the stock exchange on which our securities are listed, the SEC or other regulatory authorities, which could require
additional financial and management resources.

Our management has limited experience in operating a public company.

Our executive officers have limited experience in
the management of a publicly traded company. Our management team may not successfully or effectively manage its transition to a public
company that will be subject to significant regulatory oversight and reporting obligations under federal securities laws. Their limited
experience in dealing with the increasingly complex laws pertaining to public companies could be a significant disadvantage in that it
is likely that an increasing amount of their time may be devoted to these activities which will result in less time being devoted to the
management and growth of the company. We may not have adequate personnel with the appropriate level of knowledge, experience, and training
in the accounting policies, practices or internal controls over financial reporting required of public companies in the United States.
The development and implementation of the standards and controls necessary for the company to achieve the level of accounting standards
required of a public company in the United States may require costs greater than expected. It is possible that we will be required
to expand its employee base and hire additional employees to support its operations as a public company which will increase its operating
costs in future periods.

Changes to, or changes to interpretations of, the U.S. federal,
state, local or other jurisdictional tax laws could have a material adverse effect on our business, financial condition and results of
operations.

All statements contained herein concerning U.S. federal
income tax (or other tax) consequences are based on existing law and interpretations thereof. The tax regimes to which we are subject
or under which we operate, including income and non-income taxes, are unsettled and may be subject to significant change. While some of
these changes could be beneficial, others could negatively affect our after-tax returns. Accordingly, no assurance can be given that the
currently anticipated tax treatment will not be modified by legislative, judicial or administrative changes, possibly with retroactive
effect. In addition, no assurance can