Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 252

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 252
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 of Fold Common Stock held by Fold as treasury stock) will be cancelled and converted into the right to receive a number of shares of Emerald Class A Common Stock (rounded down to the nearest whole share) equal to the quotient obtained by (a) the Aggregate Merger Consideration, dividedby (b) the number of shares of Fold Fully Diluted Capital Stock (the “Exchange Ratio”), and (ii) each outstanding award of Fold RSUs shall automatically be converted into an award of restricted stock units covering a number of shares of New Fold Common Stock determined by multiplying (a) the number of shares of Fold Common Stock subject to the corresponding Fold RSU Award immediately prior to the Effective Time by (b) the Exchange Ratio (rounded down to the nearest whole share). In the event the 60 -dayvolume -weightedaverage price of Bitcoin as of the day immediately prior to the Closing is greater than $90,000, the aggregate Merger Consideration to be paid to holders of Fold Common Stock will be increased by 20% of the increase in value of the amount of Bitcoin in Fold’s treasury as of July 24, 2024, up to a maximum increase of $54.75 million. 147

Interests of Fold’s Directors and Officers in the Business Combination In considering the approval, and recommendation of stockholder approval, by the Fold Board with respect to the Merger Agreement, Fold’s stockholders should keep in mind that Fold’s directors and executive officers have interests in the Business Combination that are different from, or in addition to (and which may conflict with), those of Fold’s stockholders. The Fold Board was aware of such interests during its deliberations on the merits of the Business Combination. These interests include, among other things, the interests listed below: •Certain of Fold’s directors and executive officers are expected to become directors and/or executive officers of New Fold upon the Closing. Specifically, the following individuals who are currently executive officers of Fold are expected to become executive officers of New Fold upon the Closing, serving in the offices set forth opposite their names below:

| Name                |     | Position                              |
| Will Reeves         |     | Chief Executive Officer               |
| Wolfe Repass        |     | Chief Financial Officer               |
| Nicolleta Goncalves |     | Vice President of Risk and Compliance |
| Thomas Dickman      |     | Chief Technology Officer              |

•Upon the Closing, Will Reeves, Bracebridge H. Young, Jr., Andrew Hohns, Jonathan Kirkwood, Lesley Gold