Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 9

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 9
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 the subject founder shares will lapse on the tenth anniversary of the Closing. iii

Also on July 24, 2024, Emerald entered into a Support Agreement with (i) the Sponsor, (ii) Fold, and (iii) the Fold stockholders named therein (together with the Sponsors, the “Voting Parties” and each a “Voting Party”), pursuant to which the Voting Parties agreed to vote or cause to be voted all Emerald voting shares and all Fold voting securities that they beneficially own (i) in favor of (A) the Merger and the Merger Agreement; (B) an amendment of Emerald’s governing documents to extend the outside date for consummating the Merger, if applicable; and (C) any proposal to adjourn or postpone a meeting of stockholders of Emerald to a later date if there are not sufficient votes to approve the Merger; (ii) against any action, proposal, transaction or agreement that could reasonably be expected to result in a breach under the Merger Agreement; and (iii) against (A) any proposal or offer from any person (other than Emerald or Fold or any of their respective affiliates) concerning (1) a merger, consolidation, liquidation, recapitalization, share exchange or other business combination transaction involving Emerald or Fold, as applicable, (2) the issuance or acquisition of shares of capital stock or other equity securities of Emerald or Fold (other than as contemplated by the Merger Agreement), or (3) with respect to stockholders of Fold, the sale, lease, exchange or other disposition of any significant portion of Fold’s properties or assets; and (B) any action, proposal, transaction or agreement that could reasonably be expected to impede, interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the Merger or the fulfillment of a party’s conditions under the Merger Agreement or change in any manner the voting rights of any class of shares of Emerald or Fold, as applicable (including any amendments to such party’s governing documents other than in connection with the Merger). The Support Agreement generally prohibits the Voting Parties from transferring their Emerald voting shares or Fold voting securities prior to the consummation of the Merger, other than to certain permitted transferees who become party to, and bound by, the Support Agreement. The Support Agreement will automatically terminate upon the earlier to occur of (i) the Closing and (ii) the termination of the Merger Agreement in accordance with its terms. The following summarizes