Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 546

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 546
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| Allocation of net (loss) income                                |     | $                                       |   (397,026 | ) |     | $       | — |     | $       |    934,889 |     | $       |   271,701 |     | $                                      | (1,444,875 | ) |     | $       | — |     | $       |  3,186,134 |     | $       | 1,015,890 |
| Denominator:                                                   |     |                                         |            |   |     |         |   |     |         |            |     |         |           |     |                                        |            |   |     |         |   |     |         |            |     |         |           |
| Weighted-average shares outstanding                            |     |                                         | 14,349,106 |   |     |         | — |     |         | 26,386,023 |     |         | 7,668,422 |     |                                        | 15,182,382 |   |     |         | — |     |         | 26,026,286 |     |         | 8,298,408 |
| Basic and diluted net (loss) income per common stock           |     | $                                       |      (0.03 | ) |     | $       | — |     | $       |       0.04 |     | $       |      0.04 |     | $                                      |      (0.10 | ) |     | $       | — |     | $       |       0.12 |     | $       |      0.12 |

Class A Common Stock Subject to Possible Redemption

The Company accounts for its common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity.” Common stock subject to mandatory redemption (if any) is classified as a liability instrument and measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are within the control of the holder or subject to possible redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times,