Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 298

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 298
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 Directors Proposal to elect Mr.Young and Mr.Hohns to serve as the Class I Directors, Dr. Kirkwood and Mr.Reeves to serve as the Class II Directors and Mr.Simha, Ms. Hill and Ms. Goldwasser to serve as the Class III Directors, in each case, effective immediately after the Effective Time, with each Class I director having a term that expires at our first annual meeting of stockholders after the completion of the Business Combination, each Class II director having a term that expires at our second annual meeting of stockholders after the completion of the Business Combination and each Class III director having a term that expires at our third annual meeting of stockholders after the completion of the Business Combination, or, in each case, when his or her respective successor is duly elected and qualified, or upon his or her earlier death, resignation, retirement or removal. Information regarding each nominee is set forth in the section entitled “ Directors and Executive Officers After the Business Combination.” Vote Required for Approval The Election of Directors Proposal is conditioned on the approval of the Business Combination Proposal, the Organizational Documents Proposal and the Nasdaq Proposal at the special meeting. If a quorum is present, directors are elected by a plurality of the votes cast, present in person online or by proxy at the special meeting. This means that the seven nominees will be elected if they receive more affirmative votes than any other nominee for the same position. Votes marked “FOR” a nominee will be counted in favor of that nominee. Proxies will have full discretion to cast votes for other persons in the event any nominee is unable to serve. Failure to vote by proxy or to vote in person online at the special meeting and broker non -voteswill have no effect on the vote since a plurality of the votes cast is required for the election of each nominee. Recommendation of the Emerald Board THE EMERALD BOARD UNANIMOUSLY RECOMMENDS THAT
STOCKHOLDERS VOTE “FOR” EACH OF THE DIRECTOR NOMINEES. 180 PROPOSAL NO. 5 — THE EQUITY INCENTIVE PLAN PROPOSAL OVERVIEW As discussed in this proxy statement/prospectus, Emerald is asking its stockholders to approve the Incentive Award Plan, which provides for awards to certain eligible service providers. The Emerald Board approved and adopted the Incentive Award Plan, subject to stockholder approval. If the Emerald stockholders approve this proposal, the Incentive Award Plan will become effective upon the consummation of the Business