Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 545

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 545
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 |     |                                         |            |   |     |         |   |     |         |            |     |         |           |     |                                        |            |   |     |         |   |     |         |            |     |         |           |
| Weighted-average shares outstanding                            |     |                                         | 14,349,106 |   |     |         | — |     |         | 26,386,023 |     |         | 7,668,422 |     |                                        | 15,182,382 |   |     |         | — |     |         | 26,026,286 |     |         | 8,298,408 |
| Basic and diluted net (loss) income per common stock           |     | $                                       |      (0.03 | ) |     | $       | — |     | $       |       0.04 |     | $       |      0.04 |     | $                                      |      (0.10 | ) |     | $       | — |     | $       |       0.12 |     | $       |      0.12 |

Class A Common Stock Subject to Possible Redemption

The Company accounts for its common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity.” Common stock subject to mandatory redemption (if any) is classified as a liability instrument and measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are within the control of the holder or subject to possible redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ deficit. The Company’s Class A common stock sold in the IPO and over-allotment features certain redemption rights that are considered to be outside of the Company’s control and subject to the

F-77 FTAC EMERALD ACQUISITION CORP.
NOTES TO CONDENSED FINANCIAL STATEMENTS
SEPTEMBER 30, 2024
(Unaudited) NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) occurrence of uncertain future events. Accordingly, as of September 30, 2024 and December 31, 2023, 4,757,884and 15,630,150shares of Class A common stock subject