Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 192

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 192
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 with applicable audit committee requirements. In arriving at this determination, the Board examined each audit committee member’s scope of experience and the nature of their prior and/or current employment. Mr. Simha serves as the chair of the audit committee. The Board has determined that Mr. Simha qualifies as an audit committee financial expert within the meaning of SEC regulations and meets the financial sophistication requirements of Nasdaq listing rules. In making this determination, the Board considered Mr. Simha’s formal education and previous experience in financial roles. Both our independent registered public accounting firm and management periodically meet privately with the audit committee. The functions of the audit committee include, among other things: •evaluating the performance, independence, compensation, retention, oversight and qualifications of our independent auditors and determining whether to retain our existing independent auditors or engage new independent auditors; •reviewing our financial reporting processes and disclosure controls; •reviewing and approving the engagement of our independent auditors to perform audit services and any permissible non -auditservices; •reviewing the adequacy and effectiveness of our internal control policies and procedures, including reviewing, with the independent auditors, management’s plans with respect to the responsibilities, budget, staffing and effectiveness of our internal audit function, and reviewing and approving our head of internal audit (if established); •reviewing with the independent auditors the annual audit plan, including the scope of audit activities and all critical accounting policies and practices to be used by the Company; •obtaining and reviewing at least annually (if required by applicable stock exchange listing requirements) or as otherwise determined, a report by our independent auditors describing the independent auditors’ internal quality -controlprocedures and any material issues raised by the most recent internal quality -controlreview, peer review, or any inquiry or investigation by governmental or professional authorities; •setting clear hiring policies for employees or former employees of our independent auditors; •monitoring the rotation of partners of our independent auditors on our engagement team as required by law; •at least annually, reviewing relationships that may reasonably be thought to bear on the independence of the committee, receiving and reviewing a letter from the independent auditor affirming their independence, discussing the potential effects of any such relationship, and assessing and otherwise taking the appropriate action to oversee the independence of our independent auditor; •reviewing our annual and quarterly financial statements and reports, including the disclosures contained in “ Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “ Risk Factors,” and discussing the statements and reports with our independent aud