Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 249

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 249
---
 accounting policies, no other factors underlying the original Fold projections or the Fold projections included in this proxy statement/prospectus have changed. References to projected financial information in this section are to the updated Fold projections unless otherwise specified. In light of the fact that Fold is an emerging growth company and the Fold projections are not supported by a sufficiently long operating history, the Emerald Board did not rely solely upon the Fold projections in recommending the Transaction to its stockholders and did not consider the projections a determinative factor in approving Emerald’s execution of the Merger Agreement.The inclusion of the information included in this section should not be regarded as an indication that Fold, Emerald, their respective affiliates, officers, directors, advisors or other representatives or any other recipient of this information considered — or now considers — it to be necessarily predictive of actual future results or that it should be construed as financial guidance and it should not be relied on as such. The prospective unaudited financial information is subjective in many respects. As a result, there can be no assurance that the prospective results will be realized or that actual results will not be significantly higher orlower than estimated. Inclusion of the Fold projections in this proxy statement/prospectus is not intended to influence your decision whether to vote in favor of the Transaction. While presented in this proxy statement/prospectus with numeric specificity, the information set forth in this section was based on numerous variables and assumptions that are inherently uncertain and may be beyond the control of Fold’s management, including, among other things, the matters described in the sections entitled “ Cautionary Note Regarding Forward -Looking Statements” and “ Risk Factors — Our financial projections may differ materially from actual results.” Fold and Emerald believe the assumptions used in preparation of the prospective unaudited financial information were reasonable at the time such prospective unaudited financial information was prepared, given the information Fold and Emerald had at the time. However, important factors that may affect actual results and cause the results reflected in Fold projections not to be achieved include, among other things, risks and uncertainties relating to Fold’s business, market performance of Bitcoin and the regulatory environment. The Fold projections also reflect assumptions as to certain business decisions that are subject to change. The Fold projections presented in this section should be read in light of the risks described under “Risk Factors” beginning on page 43 of this proxy statement/prospectus. As the projections are forward -looking in nature, they are expressly qualified in their entirety by the “Cautionary Note Regarding Forward -Looking Statements” beginning on page 41 of this