Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 407

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 407
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 Mr. Simha served in various capacities, including Vice President of Customer Support, Finance and Operations, Orbotech Pacific Vice President of Finance and Operations, Corporate Vice President of Finance and Chief Financial Officer, at Orbotech LTD. (NASDAQ: ORBK). Mr. Simha holds a Bachelors Degree in Economics and Accounting and a Masters Degree in Business Administration and Finance from Tel Aviv University. He is a Certified Public Accountant. We believe that Mr. Simha’s experience in SPAC transactions, public company reporting requirements and GAAP and IFRS reports makes him qualified to serve as a member of the New Fold Board. Bracebridge H. Young Jr. Upon the consummation of the Business Combination, Mr. Young will serve as a Class I member of the New Fold Board. For an overview of Mr. Young’s business experience, please see the section entitled “Information About Emerald — Directors and Executive Officers.” We believe that Mr. Young’s experience in [•] makes him qualified to serve as a member of the New Fold Board. Board Composition New Fold’s business and affairs will be organized under the direction of the New Fold Board. We anticipate that the New Fold Board will consist of seven members upon the consummation of the Business Combination. [•] will serve as Chairman of the New Fold Board. The primary responsibilities of the New Fold Board will be to provide oversight, strategic guidance, counseling and direction to New Fold’s management. The New Fold Board will meet on a regular basis and additionally as required. 254 In accordance with the terms of the Proposed Charter, which will be effective upon the consummation of the Business Combination, the New Fold Board will be divided into three classes, Class I, Class II and Class III, with, only one class of directors being elected each year and each class serving a three -yearterm. There is no cumulative voting with respect to the election of directors, with the result that the holders of more than 50% of the shares voted for the election of directors can elect all of the directors. The New Fold Board will be divided into the following classes: •Class I, which we anticipate will consist of Mr.Young and Mr.Hohns, whose terms will expire at New Fold’s first annual meeting of stockholders to be held after the closing of Business Combination; •Class II, which we anticipate will consist of Dr. Kirkwood and Mr.Reeves, whose terms will expire at New Fold’s second annual meeting of stockholders to be held after the closing of