Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 109

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 109
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and growth of the business, and therefore, do not anticipate declaring or paying any cash dividends on our Common Stock in the foreseeable
future. Any future determination related to our dividend policy will be made at the discretion of our board of directors after considering
our business prospects, results of operations, financial condition, cash requirements and availability, debt repayment obligations, capital
expenditure needs, contractual restrictions, covenants in the agreements governing current and future indebtedness, industry trends, the
provisions of Delaware law affecting the payment of dividends and distributions to stockholders and any other factors or considerations
the board of directors deems relevant.

<div align='center'>MARKET
INFORMATION</div>

Our Common Stock and Public Warrants
are listed on Nasdaq under the symbols “FLDD” and “FLDDW,” respectively. As of March 25, 2025, there were 110
holders of record of our Common Stock. The actual number of stockholders of our Common Stock and the actual number of holders of our Warrants
is greater than the number of record holders and includes holders of our Common Stock or Warrants whose shares of Common Stock or Warrants
are held in street name by brokers and other nominees.

<div align='center'>56

UNAUDITED
PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION</div>

Defined terms included below have the same meaning as terms defined and included elsewhere in this filing. Unless the context requires otherwise, references to “Fold,” “we,” “us,” “our” and “the Company” in this section are to the business and operations of Fold prior to the Business Combination and to New Fold following the Business Combination.

The following unaudited pro forma condensed combined
financial information is prepared in accordance with Article 11 of Regulation S-X to give effect to the acquisition
of Fold by FTAC Emerald Acquisition Corp. (“Emerald”).

The following unaudited pro forma condensed combined
financial statements are based on the historical financial statements of Emerald and Fold as adjusted to give effect to the Business Combination
and related financing transactions. The unaudited pro forma condensed combined balance sheet as of December 31, 2024 assumes that the
Business Combination and the related December 2024 Initial Investor financing transactions were completed on December 31, 2024. The unaudited
pro forma condensed combined statements of operations for the year ended December 31, 2024 give pro forma effect to the Business Combination
and the