Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 661

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 661
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) . “ Audited Parent Financial Statements ” has the meaning set forth in Section 4.5(i) . “ Bankruptcy and Equity Exception ” has the meaning set forth in Section 3.3(a) . “ Base Purchase Price ” means $365,000,000. “ Business Combination ” has the meaning ascribed to such term in the Parent Certificate of Incorporation. “ Business Combination Deadline ” has the meaning set forth in Section 7.7(a) . “ Business Combination Proposal ” has the meaning set forth in Section 6.9 . “ Business Day ” means any day, other than a Saturday or Sunday or a day on which banks in the City of New York, or solely with respect to the Closing Date, the Department of State of the State of Delaware is required or authorized by Law to close. “ Cash and Cash Equivalents ” shall mean the cash and cash equivalents, including checks, money orders, marketable securities, short-term instruments, negotiable instruments, funds in time and demand deposits or similar accounts, and in lock boxes, in financial institutions or elsewhere, together with all accrued but unpaid interest thereon, and all bank, brokerage or other similar accounts. “ Certificate of Merger ” has the meaning set forth in Section 1.3 . Annex A-50 “ Certificates ” has the meaning set forth in Section 2.2(b) . “ Chosen Courts ” has the meaning set forth in Section 11.4(a) . “ Closing ” has the meaning set forth in Section 1.2 . “ Closing Date ” has the meaning set forth in Section 1.2 . “ Closing Date Purchase Price ” means: (a) in the event that the 60-day volume-weighted average price of Bitcoin as of the day immediately prior to the Closing Date is less than $90,000, the Base Purchase Price; or (b) in the event that the 60-day volume-weighted average price of Bitcoin as of the day immediately prior to the Closing Date is equal to or greater than $90,000, the Base Purchase Price, plus an amount equal to the product of (a) (i) the Adjusted Company Bitcoin Treasury Amount minus (ii) the Company Bitcoin Treasury Amount, multiplied by (b) 0.2; provided , that such additional amount shall not exceed $54.75 million. For purposes of this definition, the price of Bitcoin as reported on coinmarketcap.com shall be used to calculate the 60-day volume-weighted average