Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 110

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 110
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 our indemnification agreements entered into with our directors and officers provide that:

●We will indemnify our directors and officers for serving
in those capacities or for serving other business enterprises at its request, to the fullest extent permitted by Delaware law. Delaware
law provides that a corporation may indemnify such person if such person acted in good faith and in a manner such person reasonably believed
to be in or not opposed to the best interests of the registrant and, with respect to any criminal proceeding, had no reasonable cause
to believe such person’s conduct was unlawful;

●we may, in our discretion, indemnify employees and agents
in those circumstances where indemnification is permitted by applicable law;

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●we will be required to advance expenses, as incurred, to
our directors and officers in connection with defending a proceeding, except that such directors or officers shall undertake to repay
such advances if it is ultimately determined that such person is not entitled to indemnification;

●we are not obligated pursuant to our amended and restated
bylaws to indemnify a person with respect to proceedings initiated by that person against us or our other indemnitees, except with respect
to proceedings authorized by our board of directors or brought to enforce a right to indemnification;

●the rights conferred in our amended and restated bylaws are
not exclusive, and we are authorized to enter into indemnification agreements with our directors, officers, employees and agents and
to obtain insurance to indemnify such persons; and

●we may not retroactively amend our bylaw provisions to reduce
its indemnification obligations to directors, officers, employees and agents.

We are an “emerging growth company” and, as a result
of the reduced disclosure and governance requirements applicable to emerging growth companies, our securities may be less attractive to
investors.

We qualify as an “emerging growth company”
as defined in Section 2(a)(19) of the Securities Act, as modified by the JOBS Act, as of the closing of the Business Combination.
As such, we are eligible for and take advantage of certain exemptions from various reporting requirements applicable to other public companies
that are not emerging growth companies for as long as we continue to be an emerging growth company, including, but not limited to, (a) not
being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, (b) reduced disclosure
obligations regarding executive compensation in our periodic reports and proxy statements and