Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 2

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 2
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 securityholders may not
be able to experience the same positive rates of return on securities they purchase due to the low price at which the Sponsors purchased
the founder shares.

We are registering the resale of shares of Common
Stock as required by a subscription agreement (the “Polar Subscription Agreement”), dated as of January 3, 2024, entered into
by and among us, Emerald ESG Sponsor, LLC, Emerald ESG Advisors, LLC, Emerald ESG Funding, LLC and Polar.

We are also registering the resale of shares of
Common Stock and warrants as required by an amended and restated registration rights agreement, dated as of February 14, 2025 (the “Registration
Rights Agreement”), entered into by and among us, Emerald ESG Sponsor, LLC, Emerald ESG Advisors, LLC and the other parties listed
on the signature pages thereto.

We are also registering the resale of shares of
Common Stock underlying the SPV Series A Warrants and SPV Series C Warrants.

We are also registering the resale of shares of
Common Stock and warrants as required by a registration rights agreement, dated as of March 12, 2025 (the “SATS Registration Rights
Agreement”), entered into by and between us and SATS Credit Fund with respect to the shares of Common Stock issued to SATS Credit
Fund in a private placement and the shares of Common Stock underlying the SATS Credit Fund Note and the SATS Credit Fund Warrant.

We are also registering the (i) resale of other
shares of Common Stock held by certain of our stockholders and (ii) issuance and resale of shares of Common Stock reserved for issuance
upon the settlement of restricted stock units, in each case, held by certain of our current and former employees and other service providers.

We will not receive any proceeds from the sale
of shares of Common Stock or Warrants by the Selling Securityholders pursuant to this prospectus. We will receive proceeds from the exercise
of the Warrants for cash, but not from the sale of the shares of Common Stock issuable upon such exercise.

We are registering the securities for resale pursuant
to the Selling Securityholders’ registration rights under certain agreements between us and the Selling Securityholders. Our registration
of the securities covered by this prospectus does not mean that the Selling Securityholders will offer or sell any of the shares of Common
Stock or Warrants. The Selling Securityholders may offer, sell or distribute all or a portion of their shares of Common Stock or