Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 186

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 186
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 ultimately proves to be inaccurate or incorrect. The representations and warranties made by Fold and Emerald to each other in the Merger Agreement will not survive the consummation of the Business Combination. As a result, Emerald and its stockholders will not have the protection of any indemnification, escrow, price adjustment or other provisions that allow for a post -closingadjustment to be made to the total Merger Consideration if any representation or warranty made by Fold in the Merger Agreement proves to be inaccurate or incorrect. Accordingly, to the extent such representations or warranties are incorrect, Emerald would have no indemnification claim with respect thereto and its financial condition or results of operations could be adversely affected. The consummation of the Business Combination is subject to a number of conditions and if those conditions are not satisfied or waived, the Merger Agreement may be terminated in accordance with its terms and the Business Combination may not be completed. The Merger Agreement is subject to a number of conditions which must be fulfilled in order to complete the Business Combination. Those conditions include: (a) approval of the Business Combination and related agreements and transactions by the respective shareholders of Emerald and Fold, (b) effectiveness of the Registration Statement on Form S -4filed in connection with the Business Combination, (c) expiration or termination of all waiting periods under the HSR Act, (d) the absence of any order or law enjoining, prohibiting or making illegal the consummation of the Business Combination; (e) receipt of approval for listing on Nasdaq the shares of New Fold Common Stock to be issued in connection with the Business Combination, and (f) other conditions as set forth in the subsection entitled “ The Business Combination — Conditions to Closing of the Merger Agreement.” The completion of the Business Combination is not assured and is subject to risks, including the risk that the foregoing conditions are not timely satisfied. In addition, the parties can mutually decide to terminate the Merger Agreement any time, before or after shareholder approval, or Emerald or Fold may elect to terminate the Merger Agreement in certain other circumstances. For additional information please see the subsection entitled “ The Business Combination — Termination.” If the Business Combination is not completed, Emerald could be subject to several risks, including: •the parties may be liable for damages to one another under the terms and conditions of the Merger Agreement; •negative reactions from the financial markets, including declines in the price of the Emerald Class A Common Stock due to the fact that current prices reflect a market assumption that the Business Combination will