Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 75

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 75
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. •If we fail to retain existing customers or add new customers, or if our customers decrease their level of engagement with our products, services and platform, our business, operating results, and financial condition may be significantly harmed. •Our operating expenses may increase in the future and we may not be able to achieve profitability or positive cash flow from operations on a consistent basis, which may cause our business, operating results, and financial condition to be adversely impacted. •Our strategy and focus on delivering high -quality, compliant, easy -to-use, and secure Bitcoin -relatedfinancial services may not maximize short -termor medium -termfinancial results. •Due to our limited operating history, it may be difficult to evaluate our business and future prospects, and we may not be able to achieve or maintain profitability in any given period. 35 •Our business could be harmed if we are unable to accurately forecast demand for Bitcoin and to adequately manage our Bitcoin balances, including the Bitcoin balances we maintain for our own account or Bitcoin balances that may be maintained for us, and any investments in Bitcoin, are subject to volatile market prices and risks of loss. •Unfavorable media coverage could negatively affect our business. •Our compliance and risk management methods might not be effective and may result in outcomes that could adversely affect our reputation, operating results, and financial condition. •We may suffer losses due to abrupt and erratic market movements. •Due to unfamiliarity and some negative publicity associated with Bitcoin products and services, confidence or interest in our platforms may decline. •We rely on search engines, social networking sites, and other web -basedplatforms to attract a meaningful portion of our users, and if those search engines, social networking sites and other web -basedplatforms change their listings or policies regarding advertising, or increase their pricing or suffer problems, it may limit our ability to attract new users. Risks Related to Intellectual Property •Our intellectual property rights are valuable, and any inability to protect them could adversely impact our business, operating results, and financial condition. •We may be sued by third parties for alleged infringement of their intellectual property rights. •Our platform contains third -partyopen source software components, and failure to comply with the terms of the underlying open source software licenses could harm our business. Risks Related to Our Employees and Other Service Providers •The loss of one or more of our key personnel, or our failure to attract and retain other highly qualified personnel in the future, could adversely impact our business, operating results, and financial condition. •Our culture emphasizes