Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 159

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 159
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structurings; •changes in laws or regulations, including laws or regulations relating to environmental, health and safety matters or initiatives relating to climate change, or changes in the implementation of regulations by regulatory bodies, which adversely affect our industry or us; •privacy and data protection laws, privacy or data breaches, or the loss of data; •changes in accounting standards, policies, guidance, interpretations or principles; •changes in senior management or key personnel; 85 •issuances, exchanges or sales, or expected issuances, exchanges or sales of our capital stock; •changes in our dividend policy; •adverse resolution of new or pending litigation against us; and •changes in general market, economic and political conditions in the United States and global economies or financial markets, including those resulting from natural disasters, terrorist attacks, acts of war and responses to such events. These broad market and industry factors may materially reduce the market price of our common stock, regardless of our operating performance. In addition, price volatility may be greater if the public float and trading volume of our common stock is low. As a result, you may suffer a loss on your investment. In the past, following periods of market volatility, stockholders have instituted securities class action litigation. If we were involved in securities litigation, it could have a substantial cost and divert resources and the attention of management from our business regardless of the outcome of such litigation. There may be increased volatility in the trading of Emerald Common Stock due to a lower public float as a result of the prior redemption of shares of Emerald Class A Common Stock by Emerald stockholders. Holders of Emerald Class A Common Stock have previously elected to redeem 9,239,192, 10,872,266 and 112,068shares of Emerald Class A Common Stock in connection with the implementation of the First Extension Meeting, Second Extension Meeting and Third Extension Meeting, respectively. Upon completion of such redemptions and after the conversion of shares of Emerald Class B Common Stock to shares of Emerald Class A Common Stock, 14,237,038shares of Emerald Class A Common Stock remained issued and outstanding as of the Record Date. As a result, there is a lower public float of the Emerald Class A Common Stock, which may cause further volatility in the price of our securities and adversely impact our ability to secure financing following the Closing. Holders will have redemption rights in connection with the special meeting to vote on the Business Combination, and consequently, the public float may be further reduced if additional Emerald stockholders elect to redeem their shares