Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 271

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 271
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and any extensions thereof) applicable to the consummation of the transactions under the HSR Act shall have expired or been earlier terminated; •no governmental entity shall have enacted or issued, any law or governmental order (whether temporary, preliminary or permanent) that is in effect and restrains, enjoins, makes illegal or otherwise prohibits the consummation of the transactions contemplated by the Merger Agreement; •the Registration Statement shall have become effective in accordance with the provisions of the Securities Act; no stop order suspending the effectiveness of the Registration Statement shall have been issued and remain in effect, and no proceedings for that purpose shall have commenced or be threatened by the SEC; •the Transaction Documents shall be in full force and effect and shall not have been rescinded by any of the parties thereto; and •Emerald shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51 -1(g)(1) of the Exchange Act). Additional Conditions to Emerald and Merger Sub’s Obligations to Close The obligation of Emerald and Merger Sub to complete the Merger is further subject to the satisfaction or waiver of the following additional conditions: •certain fundamental representations and warranties of Fold that are qualified by materiality or material adverse effect standards shall be true and correct in all respects as of the date of the Merger Agreement and shall be true and correct on the Closing Date, except for the fundamental representations made as of an earlier date or time, which need be true and correct only as of such earlier date or time; •certain representations of Fold, other than the fundamental representations, shall be true and correct as of the date of the Merger Agreement and shall be true and correct on the Closing Date except (i) for representations and warranties that speak as of a specific date or time (which need be true and correct only as of such date or time) and (ii) for breaches of such representations and warranties that, in the aggregate, would not have a material adverse effect; •Fold shall have performed in all material respects all obligations required to be performed by it under the Merger Agreement at or prior to the Closing Date; •Emerald and Merger Sub shall have received a certificate attesting to the satisfaction of the foregoing conditions; and •Fold shall have delivered a counterpart of each of the Transaction Documents to which it is a party to Emerald. 160 Additional Conditions to Fold’s Obligations to Close The obligation of Fold to complete the Merger is further subject to