Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 473

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 473
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 (B) an amendment of the Company’s governing documents
to extend the outside date for consummating the Transactions, if applicable; and (C) any proposal to adjourn or postpone a meeting
of stockholders of the Company to a later date if there are not sufficient votes to approve the Transactions; (ii) against any action,
proposal, transaction or agreement that could reasonably be expected to result in a breach under the Merger Agreement; and (iii) against
(A) any proposal or offer from any person (other than the Company or Legacy Fold or any of their respective affiliates) concerning
(1) a merger, consolidation, liquidation, recapitalization, share exchange or other business combination transaction involving the Company
or Legacy Fold, as applicable, (2) the issuance or acquisition of shares of capital stock or other equity securities of the Company or
Legacy Fold (other than as contemplated by the Merger Agreement), or (3) with respect to stockholders of Legacy Fold, the sale, lease,
exchange or other disposition of any significant portion of Legacy Fold’s properties or assets; and (B) any action, proposal,
transaction or agreement that could reasonably be expected to impede, interfere with, delay, discourage, adversely affect or inhibit the
timely consummation of the Transactions or the fulfillment of a party’s conditions under the Merger Agreement or change in any manner
the voting rights of any class of shares of the Company or Legacy Fold, as applicable (including any amendments to such party’s
governing documents other than in connection with the Transactions).

The Support Agreement generally prohibited the
Voting Parties from transferring their Company voting shares or Legacy Fold voting securities prior to the consummation of the Transactions,
other than to certain permitted transferees who become party to, and bound by, the Support Agreement. The Support Agreement automatically
terminated upon the Closing.

Voting Agreement

Legacy Fold is a party to the Amended and Restated
Voting Agreement, dated March 23, 2021 (the “Voting Agreement”), pursuant to which certain holders of Legacy Fold Capital
Stock, including entities affiliated with Thesis, Inc., which was affiliated with a member of the Legacy Fold Board, Matt Luongo, and
Craft Ventures, which was affiliated with a member of the Legacy Fold Board, Brian Murray, Slow Ventures, M13 and Will Reeves, our Chief
Executive Officer and a member of the Board (each of which held more than 5% of