Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 252

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 252
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 of the Merger Agreement and the ancillary agreements and the transactions contemplated thereby, including, among others, the tax treatment and the conditions for the parties’ obligations to consummate the Business Combination; (vii) the likelihood of realizing a superior or comparable return for Fold stockholders through alternative business strategies (including continuing as a privately held standalone entity, going public through a different form of transaction or other merger prospects and the associated risks of delay, non -consummationor unavailability thereof); and (viii) the risks involved with the Business Combination, including the risk that the benefits sought to be achieved by the Business Combination might not be achieved. The foregoing discussion of the factors considered by the Fold Board is not intended to be exhaustive, but, rather, includes the material factors considered by the Fold Board. In reaching its decision to adopt and approve, and declare advisable, the Merger Agreement and the Business Combination, the Fold Board did not quantify or assign any relative weights to the factors considered, and individual directors may have given different weights to different factors. The Fold Board considered all these factors as a whole, including discussions with, and questioning of, Fold’s management and financial and legal advisors, and, overall, considered these factors to be favorable to, and to support, its determination. The Fold Board concluded that the potentially negative factors associated with the Business Combination were outweighed by the potential benefits that it expected Fold stockholders would receive as a result of the Business Combination, including the belief of the Fold Board that the Business Combination would maximize the immediate value of shares of Fold Common Stock. Accordingly, the Fold Board determined that the Merger Agreement, the Related Documents and the transactions contemplated thereby, including the Business Combination, were advisable and fair to, and in the best interests of Fold and its stockholders, and adopted and approved the Merger Agreement, the Related Documents and the transactions contemplated thereby, including the Business Combination, and recommended that the Fold stockholders adopt the Merger Agreement and the Related Documents and approve the transactions contemplated thereby, including the Business Combination. Following the execution of the Merger Agreement, the requisite Fold stockholders, acting by written consent, adopted the Merger Agreement and the Related Documents, and approved the transactions contemplated thereby, including the Business Combination. Fold Merger Consideration As part of the Business Combination, holders of Fold Common Stock (including holders of Fold Preferred Stock and Fold SAFEs, which will convert or be deemed to convert into Fold Common Stock immediately prior to the Closing) will receive aggregate consideration of approximately $365