Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 272

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 272
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 the satisfaction or waiver of the following additional conditions: •certain fundamental representations and warranties of Emerald and Merger Sub that are qualified by materiality or material adverse effect standards shall be true and correct in all respects as of the date of the Merger Agreement and shall be true and correct on the Closing Date, except for the fundamental representations made as of an earlier date or time, which need be true and correct only as of such earlier date or time; •certain representations of Emerald and Merger Sub, other than the fundamental representations, shall be true and correct as of the date of the Merger Agreement and shall be true and correct on the Closing Date except (i) for representations and warranties that speak as of a specific date or time (which need be true and correct only as of such date or time) and (ii) for breaches of such representations and warranties that, in the aggregate, would not have a material adverse effect; •each of Emerald and Merger Sub shall have performed in all material respects all obligations required to be performed by it under the Merger Agreement at or prior to the Closing Date; •Fold shall have received a certificate certifying that the foregoing conditions have been satisfied; •certain specified directors and executive officers of Emerald shall have been removed from their respective positions or tendered their irrevocable resignations, in each case effective as of the Effective Time; •the shares of Emerald Common Stock issuable to the holders of shares of Fold Common Stock pursuant to the Merger Agreement shall have been authorized for listing on Nasdaq upon official notice of issuance; and •Emerald shall have delivered a counterpart of each of the Transaction Documents to which it or Merger Sub is a party to Fold. Non-Solicitation Restrictions; Duty to Recommend Each of Emerald and Fold has agreed that from the date of the Merger Agreement to the Effective Time or, if earlier, the valid termination of the Merger Agreement in accordance with its terms, it will not initiate any negotiations with any party, or provide non -publicinformation or data concerning it or its subsidiaries to any party relating to an Acquisition Proposal, Alternative Transaction or Business Combination Proposal (as such terms are defined in the Merger Agreement), or enter into any agreement relating to such a proposal. Each of Emerald and Fold has also agreed to use its reasonable best efforts to prevent any of its representatives from doing the same. Emerald also agreed to recommend in this proxy statement/prospectus that stockholders approve the Merger and the other proposals being presented at the special meeting.