Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 311

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 311
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ification 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 (c) exemptions from the requirements
of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously
approved. As a result, our stockholders may not have access to certain information they may deem important. We will remain an emerging
growth company until the earliest of (i) the last day of the fiscal year in which the market value of shares of Common Stock
that are held by non-affiliates exceeds $700 million as of June 30 of that fiscal year, (ii) the last day of the fiscal
year in which we have total annual gross