Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 41

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 41
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 which we operate, substantial uncertainty concerning how these markets may develop, and other economic factors beyond
our control, reduces our ability to accurately forecast quarterly or annual revenue.

Additionally, from time to time,
we may realign our resources and talent to implement stage-appropriate business strategies, including furloughs, layoffs and reductions
in force. If there are unforeseen expenses associated with such realignments in our business strategies, and we incur unanticipated charges
or liabilities, then we may not be able to effectively realize the expected cost savings or other benefits of such actions. Failure to
manage any growth or any scaling back of our operations could have an adverse effect on our business, operating results, and financial
condition.

Our services must integrate
with a variety of operating systems. If we are unable to ensure that our services or hardware interoperate with such operating systems
and devices, our business may be materially and adversely affected.

We are dependent on the ability
of our products and services to integrate with a variety of operating systems, web browsers, and wired and wireless interfaces to mobile
devices that we do not control, including those of Sutton Bank and the Bitcoin Service Providers. Any changes in these systems that degrade
the functionality of our products and services, impose additional costs or requirements on us, or give preferential treatment to competitive
services, including their own services, could materially and adversely affect usage of our products and services. In addition, we rely
on app marketplaces, such as the Apple App Store and Google Play, to drive downloads of our mobile apps. Apple, Google, or other operators
of app marketplaces regularly make changes to their marketplaces, and those changes may make access to our products and services more
difficult. In the event that it is difficult for our customers to access and use our products and services, our business may be materially
and adversely affected. Furthermore, Apple, Google, or other operators of app marketplaces regularly provide software updates, and such
software updates may not operate effectively with our products and services, which may reduce the demand for our products and services,
result in dissatisfaction by our customers, and may materially and adversely affect our business.

Our strategy and focus
on delivering high-quality, compliant, easy-to-use, and secure Bitcoin-related financial services may not maximize short-term or medium-term
financial results.

We have taken, and expect to
continue to take, actions that we believe are in the best interests of our customers and the long-term interests of our business, even