Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 202

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 202
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. Emerald cannot assure you that it will properly assess all claims that may be potentially brought against Emerald. As such, Emerald’s stockholders could potentially be liable for any claims to the extent of distributions received by them (but no more) and any liability of Emerald’s stockholders may extend beyond the third anniversary of such date. Furthermore, if the pro rataportion of the Trust Account distributed to the Public Stockholders upon the redemption of the Public Shares in the event Emerald does not complete an initial business combination by the Extension Deadline is not considered a liquidating distribution under Delaware law and such redemption distribution is deemed to be unlawful (potentially due to the imposition of legal proceedings that a party may bring or due to other circumstances that are currently unknown), then pursuant to Section 174 of the DGCL, the statute of limitations for claims of creditors could then be six years after the unlawful redemption distribution, instead of three years, as in the case of a liquidating distribution. 109 There is no guarantee that a stockholder’s decision whether to redeem their shares of Emerald Class A Common Stock for a pro rata portion of the Trust Account will put the stockholder in a better future economic position. Emerald can give no assurance as to the price at which a stockholder may be able to sell its Public Shares in the future following the completion of the Business Combination or any alternative business combination. Certain events following the consummation of any initial business combination, including the Business Combination, may cause an increase in Emerald’s share price, and may result in a lower value realized now than a stockholder of Emerald might realize in the future had the stockholder redeemed their shares. Similarly, if a stockholder does not redeem their shares, the stockholder will bear the risk of ownership of the Public Shares after the consummation of any initial business combination, including the Business Combination, and there can be no assurance that a stockholder can sell its shares in the future for a greater amount than the redemption price set forth in this proxy statement/prospectus. A stockholder should consult the stockholder’s tax and/or financial advisor for assistance on how this may affect his, her or its individual situation. A 1% U.S. federal excise tax may be imposed on us in connection with our redemptions of our shares in connection with redemptions pursuant to the Business Combination. Pursuant to the IRA, commencing in 2023, a 1% U.S. federal excise tax is imposed on certain repurchases (including redemptions)