Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 20

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 20
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QUENTLY USED TERMS In this document: “ Additional Investor Note” means the additional Senior Secured Convertible Note, $10million aggregate principal amount, that may be issued by Fold (or New Fold, as successor to Fold) to the Investor after the closing of the Business Combination pursuant to the December 2024 Securities Purchase Agreement. “ Adjournment Proposal” means a proposal to adjourn the special meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the special meeting, there are not sufficient votes to approve one or more proposals presented to stockholders for vote. “ Adjusted Company Bitcoin Treasury Amount” means an amount equal to the product of (a) the Specified BTC multiplied by (b) the 60 -dayvolume -weightedaverage price of Bitcoin as of the day immediately prior to the Closing Date. “ Advisory Organizational Documents Proposals” means the separate proposals for amendments to the Existing Charter, which are reflected in the Proposed Charter, the full text of which is attached to this proxy statement/prospectus as Annex B. “ Aggregate Merger Consideration” means a number of shares of Emerald Class A Common Stock equal to the quotient of (i) the Closing Date Purchase Price, divided by (ii) $10.72. “ Base Purchase Price” means an amount equal to $365,000,000. “ Broker non -vote” means the failure of an Emerald stockholder, who holds his or her shares in “street name” through a broker or other nominee, to give voting instructions to such broker or other nominee. “ Business Combination” means the transactions described in the Merger Agreement. “ Business Combination Proposal” means the proposal to approve the adoption of the Merger Agreement and the Business Combination. “ Business Days” means any day other than Saturday, Sunday or a day on which banks are closed in New York City, New York. “ CCM” means Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC “ Closing” means the consummation of the Business Combination. “ Closing Date” means the date on which the Closing occurs. “ Closing Date Purchase Price” means: (a)in the event that the 60 -dayvolume -weightedaverage price of Bitcoin as of the day immediately prior to the Closing Date is less than $90,000, the Base Purchase Price; or (b)in the event that the 60 -dayvolume -