Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 256

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 256
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The following table summarizes the sources and uses for funding the Business Combination assuming that 3.6million Public Shares subject to possible redemption are redeemed for an aggregate redemption payment of approximately $39.4million.

| Sources:                                 
 ($ in millions)                          |     |   |       |     | Uses:                 |     |   |       |
|:-----------------------------------------|:----|:--|------:|:----|:----------------------|:----|:--|------:|
| Fold Rollover Equity                     |     | $ | 365.0 |     | Fold Rollover Equity  |     | $ | 365.0 |
| Proceeds from Trust Account              |     |   |  11.4 |     | Cash to Balance Sheet |     |   |  17.7 |
| December 2024 Initial Investor Financing |     |   |  18.8 |     | Transaction Expenses  |     |   |  12.5 |
| Total Sources                            |     | $ | 395.2 |     | Total Uses            |     | $ | 395.2 |

All of the sources and uses above are for illustrative purposes only. Where actual amounts are not known or knowable, the figures above represent Emerald’s good faith estimate of such amounts.

149 Satisfaction of 80% Test Nasdaq rules require that an initial business combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned) at the time of signing a definitive agreement in connection with an initial business combination. The Emerald Board has determined that the fair market value of the Business Combination meets this test at the time of execution of the Merger Agreement. Name; Headquarters of New Fold The name of the combined company after the Business Combination will be Fold Holdings, Inc., and its headquarters will be located at 11201 N Tatum Boulevard, Suite 300 #42035, Phoenix, Arizona 85028, and its phone number will be 1 -866-365-3277. Board of New Fold following the Business Combination Upon the Closing, we anticipate that the New Fold Board will consist of Will Reeves, Bracebridge H. Young Jr., Andrew Hohns, Jonathan Kirkwood, Lesley Goldwasser, Kirstin Hill and Erez Simha. For additional details, see the sections of this proxy statement/prospect