Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 236

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 236
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 the requirements of the Merger Agreement. •The Merger Agreement prohibits Emerald from soliciting or engaging in discussions regarding alternative transactions during the pendency of the Merger. •Risks and costs to Emerald if the Merger is not completed, including the risk of liquidation. •Potential changes in the regulatory landscape or new industry developments, including changes in consumer preferences, may adversely affect the business benefits anticipated to result from the Merger. •Risks of the type and nature described under the section entitled “ Risk Factors” beginning on page 43. The foregoing discussion of material factors considered by the Emerald Board is not intended to be exhaustive but does sets forth the principal factors considered by its board of directors. The Emerald Board also considered whether members of its management and board of directors may have interests in the Merger that are different from, or are in addition to, the interests of the Emerald stockholders generally, including the matters described under the subsection entitled “— Interests of Certain Persons in the Merger”below. However, the Emerald Board concluded that (i) these interests were disclosed in the IPO prospectus and/or are included in this proxy statement/prospectus, (ii) these disparate interests would exist with respect to a business combination with any target company, (iii) Emerald stockholders will have the opportunity to redeem their public shares in connection with the Merger and (iv) shares of Emerald Common Stock held by its officers, directors and other initial stockholders are subject to transfer restrictions following the Merger. See the section entitled “The Merger Agreement — Additional Agreements”for a description of these transfer restrictions. Interests of Emerald’s Directors and Officers in the Business Combination In considering the recommendation of the Emerald Board in favor of approval of the Business Combination, it should be noted that Emerald’s directors and officers have interests in the Business Combination that are different from, or in addition to, your interests as an Emerald Stockholder. These interests include, among other things: •If Emerald is unable to complete its initial business combination by the Extension Deadline, it will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than 10 business days thereafter, redeem the Public Shares and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining Emerald stockholders and the Emerald Board, liquidate and dissolve, subject in each case to Emerald’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.