Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 438

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 438
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 issued in these transactions. All recipients had adequate access, through their relationships with us to information about us. The sales of these securities were made without any general solicitations or advertising. 279 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth information regarding (i) the actual beneficial ownership of Emerald Common Stock as of December31, 2024 (the “Ownership Date”), which is prior to the consummation of the Business Combination (pre -BusinessCombination), and (ii) the expected beneficial ownership of New Fold Common Stock immediately following the Closing (post -BusinessCombination), by: •each person who is the beneficial owner of more than 5% of issued and outstanding shares of Emerald Common Stock; •each of our current executive officers and directors; and •all executive officers and directors of Emerald as a group pre -BusinessCombination. At any time prior to the special meeting, during a period when they are not then aware of any material nonpublic information regarding Emerald or its securities, the Sponsor, Emerald’s directors and officers and/or their affiliates may enter into a written plan to purchase Emerald’s securities pursuant to Rule 10b5 -1of the Exchange Act, and may engage in other public market purchases, as well as private purchases, of securities. Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. The beneficial ownership of shares of Emerald Common Stock pre -BusinessCombination is based on 14,237,038 outstanding shares of Emerald Class A Common Stock. The ownership percentages listed below do not include any shares of Emerald Class A Common Stock that may be purchased after the Ownership Date. The expected beneficial ownership percentages set forth in the table below post -BusinessCombination do not give effect to any vesting provisions applicable to any shares of Emerald Common Stock and assume: (i)no exercise of Public Warrants that will remain outstanding post -BusinessCombination, which will become exercisable at the holder’s option 30 days after Closing at an exercise price of $11.50 per share, provided that Emerald has an effective registration statement under the Securities Act covering the shares of New Fold Common Stock issuable upon exercise of the Public Warrants and a current prospectus relating to them is available, which are not expected to occur within