Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 189

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 189
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 Agreement or the occurrence of other events that would have a material adverse effect on Fold’s business and would entitle Emerald to terminate the Merger Agreement. In any of such circumstances, it would be at Emerald’s discretion, acting through the Emerald Board, to grant its consent or waive those rights. For example, Emerald could agree to waive the Closing condition related to no material adverse effect having occurred with respect to Fold between the date of the Merger Agreement and the Closing. If Emerald were to waive this Closing condition and proceed to Closing of the Business Combination, the price of New Fold Common Stock could be materially depressed. The existence of the financial and personal interests of the directors described herein may result in a conflict of interest on the part of one or more of the directors between what he, she or they may believe is best for Emerald and what he, she or they may believe is best for himself, herself or themselves in determining whether or not to take the requested action. As of the date of this proxy statement/prospectus, Emerald does not believe there will be any material changes or waivers that Emerald’s directors and officers would be likely to make after the mailing of this proxy statement/prospectus. Emerald will circulate a supplemental or amended proxy statement/prospectus if changes to the terms of the Business Combination that would have a material impact on its stockholders are required prior to the vote on the Business Combination Proposal. Emerald’s ability to successfully effect the Business Combination and New Fold’s ability to successfully operate the business thereafter will be largely dependent upon the efforts of certain key personnel of Fold, all of whom Emerald expects to stay with New Fold following the Closing. The loss of such key personnel could negatively impact the operations and financial results of the combined business. Emerald’s ability to successfully effect the Business Combination and New Fold’s ability to successfully operate the business following the Closing is dependent upon the efforts of certain key personnel of Fold. Although Emerald expects key personnel to remain with New Fold following the Business Combination, there can be no assurance that they will do so. It is possible that Fold or New Fold will lose some key personnel, the loss of which could negatively impact the operations and profitability of New Fold. Furthermore, following the Closing, certain of the key personnel of Fold who will become the management of New Fold may be unfamiliar with the requirements of operating a company regulated by the SEC, which could cause New Fold to have to expend time and resources helping them become familiar with such requirements. 102 Public Stockholders will not have any rights or interests in funds from the