Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 30

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 30
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, as a result of the Business Combination, (i) each share of Fold Common Stock issued and outstanding immediately prior to the Effective Time (but excluding any (x) shares of Fold Common Stock subject to Fold RSUs and (y) shares of Fold Common Stock held by Fold as treasury stock) will be cancelled and converted into the right to receive a number of shares of Emerald Class A Common Stock (rounded down to the nearest whole share) equal to the quotient obtained by (a) the Aggregate Merger Consideration, dividedby (b) the Exchange Ratio, and (ii) each outstanding award of Fold RSUs shall automatically be converted into an award of restricted stock covering a number of shares of New Fold Common Stock determined by multiplying (a) the number of shares of Fold Common Stock subject to the corresponding Fold RSU Award immediately prior to the Effective Time by (b) the Exchange Ratio (rounded down to the nearest whole share). In addition, (i) the December 2024 Initial Investor Note will be converted into New Fold Initial Investor Note, convertible into shares of New Fold Common Stock, and (ii) the December 2024 Investor Warrants will be converted into New Fold Investor Warrants, exercisable for shares of New Fold Common Stock. This proxy statement/prospectus and its annexes contain important information about the proposed Business Combination and the proposals to be acted upon at the special meeting. You should read this proxy statement/prospectus and its annexes carefully and in their entirety. This document also constitutes a prospectus of Emerald with respect to the Emerald Class A Common Stock issuable in connection with the Business Combination. Q.What matters will stockholders consider at the special meeting? •The Business Combination Proposal — a proposal to approve the adoption of the Merger Agreement and the Business Combination. •The Organizational Documents Proposal — a proposal to approve and adopt, upon consummation of the Business Combination, the Proposed Charter and the Proposed Bylaws. •The Advisory Organizational Documents Proposals — four proposals to approve, on a non -bindingadvisory basis, certain governance provisions in the Proposed Charter and the Proposed Bylaws. 9 •The Election of Directors Proposal — a proposal to elect the directors comprising the board of directors of New Fold at the Closing. •The Equity Incentive Plan Proposal — a proposal to approve and adopt the Incentive Award Plan, to be effective upon the Closing. •The Employee Stock Purchase Plan Proposal — a proposal to approve and adopt the ESPP, to be effective upon the