Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 205

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 205
---
 with the Polar Contribution, we and
Polar entered into a subscription agreement, dated January 3, 2024 (the “Polar Subscription Agreement”). Pursuant to Section
1.4 of the Polar Subscription Agreement, we agreed to register for resale certain shares of our Common Stock that are held by Polar to
the extent feasible and in compliance with all applicable laws and regulations by filing a registration statement no later than 30 days
after the closing of Business Combination.

SPV Registration Rights Agreement

Pursuant to the SPV SPA, the Company and an institutional
investor entered into a registration rights agreement, dated as of December 24, 2024 (the “SPV RRA”), whereby the Company
agreed to provide certain customary shelf and piggyback registration rights with respect to the shares underlying the additional notes
issuable pursuant to the SPV SPA under the Securities Act, and the rules and regulations promulgated thereunder, and applicable state
securities laws.

SATS Registration Rights Agreement

Pursuant to the SATS SPA, the Company and SATS
Credit Fund entered into a registration rights agreement, dated as of March 12, 2025 (the “SATS RRA”), whereby the Company
agreed to provide certain customary shelf and piggyback registration rights with respect to the shares underlying the SATS Note and SATS
Warrant under the Securities Act, and the rules and regulations promulgated thereunder, and applicable state securities laws.

Election of Directors and Vacancies

Subject to the rights of the holders of any one
or more series of preferred stock to elect additional directors under specified circumstances and the terms, the number of directors of
our Board is fixed solely and exclusively by our Board, but it initially consists of seven (7) directors, which are divided into three
(3) classes, designated Class I, II and III, respectively.

Under our bylaws and except as otherwise provided
by our certificate of incorporation, at all meetings of stockholders called for the election of directors at which a quorum is present,
a plurality of the votes properly cast is sufficient to elect such directors to the Board.

Except as the DGCL may otherwise require and subject
to the rights, if any, of the holders of any one or more series of our preferred stock, newly created directorships and any vacancies
on our Board, including unfilled vacancies resulting from the removal of directors, may be filled only by the affirmative vote of a majority
of