Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 432

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 432
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 for at least six months but who are New Fold’s affiliates at the time of, or any time during the three months preceding, a sale, would be subject to additional restrictions, by which such person would be entitled to sell within any three -monthperiod only a number of securities that does not exceed the greater of either of the following: •1% of the total shares of New Fold Common Stock then outstanding; or •the average weekly reported trading volume of New Fold Common Stock during the four calendar weeks preceding the filing of a notice on Form 144 with respect to the sale. Sales by affiliates of New Fold under Rule 144 are also subject to certain requirements relating to manner of sale, notice and the availability of current public information about New Fold. Restrictions on the Use of Rule 144 by Shell Companies or Former Shell Companies Rule 144 is not available for the resale of securities initially issued by shell companies (other than business combination related shell companies) or issuers that have been at any time previously a shell company. However, Rule 144 also includes an important exception to this prohibition if the following conditions are met: •the issuer of the securities that was formerly a shell company has ceased to be a shell company; 273 •the issuer of the securities is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act; •the issuer of the securities has filed all Exchange Act reports and material required to be filed, as applicable, during the preceding 12 months (or such shorter period that the issuer was required to file such reports and materials), other than Form 8 -Kreports; and •at least one year has elapsed from the time that the issuer filed current Form 10 type information with the SEC, which is expected to be filed promptly after completion of the Business Combination, reflecting its status as an entity that is not a shell company. As of the date of this proxy statement/prospectus, there were 4,645,816 Public Shares outstanding. All of these shares are freely tradable without restriction or further registration under the Securities Act, except for any shares held by one of our affiliates within the meaning of Rule 144 under the Securities Act. As of the date of this proxy statement/prospectus, there were a total of 12,922,712 Emerald Warrants outstanding, consisting of 12,434,671 Public Warrants and 488,041 Private Placement Warrants. Each warrant is exercisable for one share of Emerald Class A Common Stock (or one share of New