Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 73

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 73
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 rules and regulations have occurred and may occur in the future, which may impact our business practices. We may be required
to expend considerable time and effort to determine if such laws and regulations apply to our business and may be required to spend significant
time and effort to comply, and ensure we are in compliance, with those laws and regulations. Any failure or claim of our failure to comply
or any failure by our third-party service providers and partners to comply with such laws and regulations or other requirements, including
the payment network rules and Payment Card Industry Data Security Standard, could divert substantial resources, result in liabilities
or force us to stop offering our services, which will harm our business and results of operations.

There can be no assurance that
we meet, or we will be able to meet, all compliance obligations under applicable law, including obtaining any such licenses in all of
the jurisdictions we operate in or offer a service in, and, even if we were able to do so, there could be substantial costs and potential
product changes involved in complying with such laws, which could have a material and adverse effect on our business financial condition
and results of operations. Any noncompliance by us in relation to existing or new laws and regulations, or any alleged noncompliance,
could result in reputational damage, litigation, penalties, fines, increased costs or liabilities, damages or require us to stop offering
payment services in certain markets. For example, if we are deemed to be a money transmitter, including a money services business, provider
of prepaid access, or any other similar term defined by applicable money transmission or money services business laws, or virtual currency
business we could be subject to certain laws, rules and regulations enforced by multiple authorities and governing bodies in the U.S.
and numerous state and local agencies who may define money transmitter and virtual currency business differently. For example, certain
states may have a more expansive view of money transmitters and virtual currency business activities. Additionally, outside of the U.S.,
we could be subject to additional laws, rules and regulations related to the provision of payments and financial services, and as we expand
into new jurisdictions, the foreign regulations and regulators governing our business that we are subject to will expand as well. If we
are found to be a money transmitter or virtual currency business under any applicable regulation and we are not in compliance with such
regulations, we may be subject to fines or other penalties in one or more jurisdictions levied by federal, state or local regulators,
including state Attorneys General