Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 186

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 186
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 connection with the consummation
of the Business Combination and as contemplated by that certain Securities Purchase Agreement, dated as of December 24, 2024 (the “SPV
SPA”), by and between Legacy Fold and an institutional investor, certain holders (collectively, the “Lock-Up Parties”
and each a “Lock-Up Party”) of Common Stock, entered into a Lock-Up Agreements (the “Lock-Up Agreements”) pursuant
to which they each agreed, subject to certain customary exceptions, not to (i) sell, offer to sell, contract or agree to sell, hypothecate,
pledge, grant any option to purchase, make any short sale or otherwise dispose of or agree to dispose of, directly or indirectly, any
securities of any such Lock-Up Party (including, without limitation, any securities issued pursuant to the Business Combination Registration
Statement, any Common Stock and/or any Common Stock Equivalents) (the “Securities”), or establish or increase a put equivalent
position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act and the rules and regulations
of the SEC promulgated thereunder with respect to any Securities owned directly by a Lock-Up Party (including holding as a custodian)
or with respect to which a Lock-Up Party has beneficial ownership within the rules and regulations of the SEC (respectively, each “Lock-Up
Party’s Securities”), or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any
of the economic consequences of ownership of any such Lock-Up Party’s Securities, whether any such transaction described in clause
(i) or (ii) above is to be settled by delivery of any Securities, in cash or otherwise, (iii) make any demand for or exercise any right
or cause to be filed a registration statement, including any amendments thereto, with respect to the registration of any Securities (other
than the Business Combination Registration Statement or as permitted pursuant to the A&R Registration Rights Agreement) or (iv) publicly
disclose the intention to do any of the foregoing.

The Lock-Up Period under the
Lock-Up Agreements shall terminate on August 14, 2025.

<div align='center'>107</div>

Founder shares

In June 2021, our sponsors purchased
7,992,750 founder shares for an aggregate purchase price of $25,000. In October 2021, we effected a 1.1014-for-