Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 23

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 23
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 to be effective upon the consummation of the Business Combination. “ESPP”means the New Fold 2025 Employee Stock Purchase Plan. “ Excess Shares” means the Public Shares held in excess of 20% of the total Public Shares issued which any individual public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13(d)(3) of the Exchange Act), that exceeds 20% of the total Public Shares issued by Emerald; such Excess Shares will be restricted from seeking redemption rights without Emerald’s prior consents. “ Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended. “ Exchange Ratio” means the quotient of (a) the Aggregate Merger Consideration, divided by(b) the number of shares of Fold Fully Diluted Capital Stock. “ Existing Bylaws” means Emerald’s Amended and Restated Bylaws. “ Existing Charter” means Emerald’s Second Amended and Restated Certificate of Incorporation, dated as of December 15, 2021, as amended on September 19, 2023, January 19, 2024 and December17, 2024. “ Extension Deadline” means December 20, 2025. “ Fold” means Fold, Inc., a Delaware corporation, prior to the Closing, which will be renamed Fold Holdings, Inc. “ Fold Board” means Fold’s board of directors prior to the Closing. “ Fold Business Combination Proposal” means the proposal to the Fold stockholders to consider and vote upon the proposal to approve the adoption of the Merger Agreement and the Business Combination. “ Fold Capital Stock” means Fold Common Stock and Fold Preferred Stock. “ Fold Common Stock” means the shares of common stock of Fold, par value $0.0001 per share. “ Fold Fully Diluted Capital Stock” means, without duplication, a number of shares of Fold Common Stock equal to (a) the aggregate number of shares of Fold Common Stock that are issued and outstanding as of immediately prior to the Effective Time after giving effect to the conversion of Fold Preferred Stock and the Fold SAFEs pursuant to the Merger Agreement; plus (b) the aggregate number of shares of Fold Common Stock equal to (i) the total number of shares of Fold Common Stock subject to all Fold RSU Awards that are outstanding as of immediately prior to the Effective Time, minus (ii) the Fold Treasury Shares outstanding immediately prior