Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 345

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 345
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 proprietary bitcoin, and will mature three years after the closing of the Business Combination. A form of the Investor Notes is attached to this proxy statement/prospectus as Annex I. In connection with the December 2024 Initial Investor Note, the Investor received (i) warrants exercisable for 869,565shares of Fold Common Stock with an exercise price of $12.50 per share (the “December 2024 Series A Warrants”), (ii) warrants that will become exercisable for 500,000shares of New Fold Common Stock following the closing of the Business Combination with an effective exercise price of $0.001 per share (the “December 2024 Series B Warrants”), and (iii) warrants exercisable for 869,565shares of New Fold Common Stock with an exercise price of $11.50 per share (the “December 2024 Series C Warrants” and, together with the December 2024 Series A Warrants and December 2024 Series B Warrants, the “Investor Warrants”). A form of the Investor Warrants is attached to this proxy statement/prospectus as Annex J. The proceeds from the December 2024 Initial Investor Note will be used to support Fold’s growth initiatives and accelerate product development. Any proceeds from the Additional Investor Note are expected to provide additional capital flexibility to New Fold following the closing of the Business Combination. 216 Looking ahead Fold has a proven track record of launching products that enhance engagement with our current customers and attract new customers to our platform. In 2024 and 2025, we will build on this success by expanding our existing offerings to further engage our existing users, and we plan to introduce several new products to capture new customer segments. Here is how we intend to continue our momentum: Product strategy In addition to ACH bill payments, we are planning the upcoming release of multiple products and features over the second half of 2024. Within our banking and payments program we expect to launch joint accounts — the ability for users to add authorized users to their existing accounts (i.e. add a family member to your Fold Card). Within our custody and trading program we expect to continue to add users from new states where we have not previously supported access, open our exchange product to non -Foldcardholders, and add support for larger orders via an OTC desk service. We anticipate that each of these releases will further enhance our existing market position and to drive increased volumes across the platform. Historically, the holiday shopping season drives significantly higher transaction volume on