Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 31

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 31
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 Closing. •The Nasdaq Proposal — a proposal to approve, for purposes of complying with the applicable listing rules of Nasdaq, the issuance of shares of Emerald Class A Common Stock pursuant to the Merger Agreement in connection with the Business Combination. •The Adjournment Proposal — a proposal to adjourn the special meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the special meeting, there are not sufficient votes to approve one or more proposals presented to stockholders for vote. Q.What vote is required to approve the proposals presented at the special meeting? A.The approval of the Organizational Documents Proposal requires the affirmative vote (in person or by proxy) of the majority of the issued and outstanding shares of the Emerald Class A Common Stock, as well as the vote of a majority of the issued and outstanding shares of Emerald Class A Common Stock and Emerald Class B Common Stock, voting together as a single class. Accordingly, an Emerald stockholder’s failure to vote by proxy or to vote in person online at the special meeting, an abstention from voting or a broker non -votewill have the same effect as a vote against the Organizational Documents Proposals. The approval of the Business Combination Proposal, the Advisory Organizational Documents Proposals, Equity Incentive Plan Proposal, Employee Stock Purchase Plan Proposal, Nasdaq Proposal and Adjournment Proposal (collectively, the “Proposals”) require the affirmative vote (in person online or by proxy) of the holders of a majority of the shares of Emerald Common Stock that are cast thereon at the special meeting. Accordingly, an Emerald stockholder’s failure to vote by proxy or to vote in person online at the special meeting, an abstention from voting or a broker non -votewill have no effect on the outcome of any vote on these Proposals. The approval of the election of each director nominee pursuant to the Election of Directors Proposal requires the affirmative vote of the holders of a plurality of the shares of Emerald Common Stock that are cast thereon at the special meeting. Accordingly, an Emerald stockholder’s failure to vote by proxy or to vote in person online at the special meeting, an abstention from voting or a broker non -votewill have no effect on the outcome of any vote on the Election of Directors Proposal. Pursuant to the Merger Agreement, the Business Combination is conditioned upon the approval of the requisite number of shares of Emerald to approve and adopt the