Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 288

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 288
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      | (96,791,644 | ) |
| Net cash used in financing activities                                                |     |                    | (113,007,729 | ) |     |      | (94,766,644 | ) |
| Net Change in Cash                                                                   |     |                    |      876,199 |   |     |      |     (42,909 | ) |
| Cash – Beginning of period                                                           |     |                    |       29,844 |   |     |      |      72,753 |   |
| Cash – End of period                                                                 |     | $                  |      906,043 |   |     | $    |      29,844 |   |
| Supplemental disclosure of noncash investing and financing activities:               |     |                    |              |   |     |      |             |   |
| Excise tax on stock redemption                                                       |     | $                  |    1,167,245 |   |     | $    |     967,916 |   |
| Supplemental information:                                                            |     |                    |              |   |     |      |             |   |
| Cash paid for income taxes                                                           |     | $                  |      496,000 |   |     | $    |   2,768,000 |   |
| Deferred underwriting payable charged to additional paid-in capital                  |     | $                  |            — |   |     | $    |   8,704,270 |   |

The accompanying notes are an integral part of the consolidated financial statements.

F-37 FOLD HOLDINGS, INC.
(F / K / A FTAC EMERALD ACQUISITION CORP.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2024 NOTE 1. ORGANIZATION AND BUSINESS OPERATIONS FTAC Emerald Acquisition Corp. (now known as Fold Holdings, Inc.) (the “Company”) was a blank check company incorporated in Delaware on February 19, 2021, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). Business Combination On February 14, 2025, the Company closed its business combination (the “Business Combination”) with Fold, Inc. (“Fold”) (the “Closing”) pursuant to the Agreement and Plan of Merger (the “Merger Agreement”) dated as of July 24,