Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 10

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 10
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olvency of one of our Bitcoin Service Providers. •The theft, loss, or destruction of private keys required to access any bitcoin may be irreversible. If we or our Bitcoin Service Providers are unable to access private keys for the bitcoin wallets holding our or our customers’ Bitcoin, or if we or our Bitcoin Service Providers experience a hack or other data loss relating to their ability to access any bitcoin, it could cause regulatory scrutiny, reputational harm, and other losses. •If we fail to retain existing customers or add new customers, or if our customers decrease their level of engagement with our products, services and platform, our business, operating results, and financial condition may be significantly harmed. •Our operating expenses may increase in the future and we may not be able to achieve profitability or positive cash flow from operations on a consistent basis, which may cause our business, operating results, and financial condition to be adversely impacted. •Our strategy and focus on delivering high -quality, compliant, easy -to -use, and secure Bitcoin -relatedfinancial services may not prioritize short -termor medium -termfinancial results. •Due to our limited operating history, it may be difficult to evaluate our business and future prospects, and we may not be able to achieve or maintain profitability in any given period. •Our business could be harmed if we are unable to accurately forecast customer demand for bitcoin and to adequately manage our bitcoin balances, including the bitcoin balances we maintain for our own account or bitcoin balances that may be maintained for use in our rewards program. •Our investments in bitcoin are subject to volatile market prices and risks of loss. •Unfavorable media coverage could negatively affect our business. 3 •Our products and services may be exploited to facilitate illegal activity such as fraud, money laundering, gambling, sanctions violations, tax evasion, and scams. If any of our customers use our products or services to further such illegal activities, our business could be adversely affected. •Our compliance and risk management methods might not be effective and may result in outcomes that could adversely affect our reputation, operating results, and financial condition. •We may suffer losses due to abrupt and erratic market movements. •Due to unfamiliarity and negative publicity associated with Bitcoin products and services, confidence or interest in our products, services and platform may decline. •Transferring bitcoin on the Bitcoin blockchain involves risks, which could result in loss of customer assets or our proprietary assets, customer disputes and other liabilities, which could adversely impact our business. •A temporary or permanent blockchain “fork” to Bitcoin could adversely affect