Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 815

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 815
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 payment of money aggregating in excess of $2,500,000 (or, if the Company holds at least 700 Bitcoin as of such time of determination, $4,000,000) are rendered against the Company and/or any of its Subsidiaries and which judgments are not, within forty-five (45) days after the entry thereof, bonded, discharged, settled or stayed pending appeal, or are not discharged within forty-five (45) days after the expiration of such stay; provided, however, any judgment which is covered by insurance or an indemnity from a credit worthy party shall not be included in calculating the $2,500,000 (or, if the Company holds at least 700 Bitcoin as of such time of determination, $4,000,000) amount set forth above so long as the Company provides the Holder a written statement from such insurer or indemnity provider (which written statement shall be reasonably satisfactory to the Holder) to the effect that such judgment is covered by insurance or an indemnity and the Company or such Subsidiary (as the case may be) will receive the proceeds of such insurance or indemnity within ninety (90) days of the issuance of such judgment; (xiii)the Company and/or any Subsidiary, individually or in the aggregate, fails to pay, when due, or within any applicable grace period, any Indebtedness in excess of $2,500,000 (or, if the Company holds at least 700 Bitcoin as of such time of determination, $4,000,000) due to any third party (other than, with respect to unsecured Indebtedness only, payments contested by the Company and/or such Subsidiary (as the case may be) in good faith by proper proceedings and with respect to which adequate reserves have been set aside for the payment thereof in accordance with GAAP); (xiv)other than as specifically set forth in another clause of this Section 4(a), the Company or any Subsidiary breaches any representation or warranty, in any material respect (other than representations or warranties subject to material adverse effect or materiality, which may not be breached in any respect) or any covenant or other term or condition of any Transaction Document, except, in the case of a breach of a covenant or other term or condition that is curable, only if such breach remains uncured for a period of five (5) consecutive Trading Days; (xv)a false or inaccurate certification (including a false