Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 87

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 87
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The loss of one or
more of our key personnel, or our failure to attract and retain other highly qualified personnel in the future, could adversely impact
our business, operating results, and financial condition.

We operate in a relatively new
industry that is not widely understood and requires highly skilled and technical personnel. We believe that our future success is highly
dependent on the talents and contributions of our senior management team, including Mr. Reeves, our co-founder and Chief Executive Officer,
members of our executive team, and other key employees across product, engineering, risk management, finance, compliance and legal, and
marketing. Our future success depends on our ability to attract, develop, motivate, and retain highly qualified and skilled employees.
Due to the nascent nature of the cryptoeconomy, the pool of qualified talent is extremely limited, particularly with respect to executive
talent, engineering, risk management, and financial regulatory expertise. We face intense competition for qualified individuals from numerous
software and other technology companies. To attract and retain key personnel, we incur significant costs, including salaries, benefits
and equity incentives. Even so, these measures may not be enough to attract and retain the personnel we require to operate our business
effectively. The loss of even a few key employees or senior leaders, or an inability to attract, retain and motivate additional highly
skilled employees required for the planned expansion of our business could adversely impact our operating results and impair our ability
to grow.

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Our culture emphasizes
innovation, and if we cannot maintain this culture, our business and operating results could be adversely impacted.

We believe that our entrepreneurial
and innovative corporate culture has been a key contributor to our success. We encourage and empower our employees to develop and launch
new and innovative products and services, which we believe is essential to attracting high quality talent, partners, and developers, as
well as serving the best, long-term interests of our company. If we cannot maintain this culture, we could lose the innovation, creativity
and teamwork that has been integral to our business. Additionally, from time to time, we realign our resources and talent to implement
stage-appropriate business strategies, including furloughs, layoffs, or reductions in force. In such cases, we may find it difficult to
prevent a negative effect on employee morale or attrition beyond our planned reduction, in which case our products and services may suffer
and our business, operating results, and financial condition could be adversely impacted.

In