Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 287

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 287
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962 | ) |
| Net loss                                                         |     |              |         — |     |        |   — |     |              |          — |   |     |        |    — |   |     |            |          — |   |     |             |  (1,868,532 | ) |     |               | (1,868,532 | ) |
| Balance as of December 31, 2024                                  |     |              | 9,591,222 |     | $      | 959 |     |              |          — |   |     | $      |    — |   |     | $          |  6,008,775 |   |     | $           | (14,332,652 | ) |     | $             | (8,322,918 | ) |

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

F-36

FOLD HOLDINGS, INC.
(F / K / A FTAC EMERALD ACQUISITION CORP.)
CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                                      |     | For the Year Ended 
 December 31,       
 2024               |              |   |     | 2023 |             |   |
|:-------------------------------------------------------------------------------------|:----|:-------------------|-------------:|:--|:----|:-----|------------:|:--|
| Cash Flows from Operating Activities:                                                |     |                    |              |   |     |      |             |   |
| Net (loss) income                                                                    |     | $                  |   (1,868,532 | ) |     | $    |   4,443,634 |   |
| Adjustments to reconcile net (loss) income to net cash used in operating activities: |     |                    |              |   |     |      |             |   |
| Non-redemption agreement expense                                                     |     |                    |      838,825 |   |     |      |     708,400 |   |
| Amortization of note discount                                                        |     |                    |      434,696 |   |     |      |           — |   |
| Interest earned on investments held in Trust Account                                 |     |                    |   (2,953,920 | ) |     |      | (11,207,609 | ) |
| Changes in operating assets and liabilities:                                         |     |                    |              |   |     |      |             |