Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 58

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 58
---
 and correct on the Closing Date (except to the extent that any such representation and warranty expressly speaks as of a particular date or period of time, in which case such representation and warranty shall be true and correct as of such particular date or period of time) except for any failure of any such representation and warranty to be so true and correct (without giving effect to any materiality, material adverse effect or other similar qualifier contained therein) that would not, individually or in the aggregate, reasonably be expected to have a material adverse effect or prevent, materially delay or materially impair the ability of Emerald or Merger Sub to consummate the Business Combination, provided that for this condition, Emerald and Merger Sub will only be deemed as not to have been performed if Emerald or Merger Sub, as applicable has failed to cure within twenty days after written notice of a breach thereof by Fold or if earlier, January 24, 2026, provided further, that Emerald’s failure to have the Emerald Common Stock listed on Nasdaq after December 20, 2024 shall not serve as a limitation to Fold’s obligation to consummate the Merger, (iii) Emerald and Merger Sub shall have performed in all material respects all obligations required to be performed by them under the Merger Agreement at or prior to the Closing Date, provided that Emerald’s failure to have the Emerald Common Stock listed on Nasdaq after December 20, 2024 shall not serve as a limitation to Fold’s obligation to consummate the Merger, (iv) Fold shall have received a certificate attesting to the satisfaction of the foregoing conditions, (v) certain specified directors and executive officers of Emerald shall have been removed from their respective positions or tendered their irrevocable resignations, in each case effective as of the Effective Time, (vi) the shares of Emerald Common Stock issuable to the holders of shares of Fold Common Stock pursuant to the Merger Agreement shall have been authorized for listing on Nasdaq upon official notice of issuance, and (vii) Emerald shall have delivered a counterpart of each of the Transaction Documents to which it or Merger Sub is a party. Any party to the Merger Agreement may, at any time prior to the Closing Date, by action taken by its board of directors or equivalent governing body, or officers thereunto duly authorized, waive any of the terms or conditions of the Merger Agreement, including the conditions to closing set forth above, to the extent permitted by applicable laws and, in the case of Emerald, the Existing Charter. Ter