Company: FLDDW
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0000950170-25-072851
Chunk: 64

Company: Fold Holdings, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 64
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 10-K.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Unregistered Sales of Equity Securities

On March 6, 2025, Fold entered into a Securities Purchase Agreement (the “March 2025 SPA”) with a related party (the “Investor”), pursuant to which Fold issued to the Investor (i) a Convertible Note in an aggregate principal amount of $46.3 million (the “March 2025 Investor Note”), which is convertible into common shares at any time, at the option of the Investor, at a conversion price of $12.50 per share, (ii) warrants exercisable for 925,590 shares of common shares with an exercise price of $15.00 per share (the “March 2025 Warrants”, and (iii) an aggregate of 750,000 shares of Common Stock (the “Closing Shares”). The March 2025 Investor Note was funded with 475 bitcoin, net of 25 bitcoin of which was paid to the Investor as prepayment for the first year of interest. Refer to Note 10 for further details.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None.

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Ite m 6. Exhibits.

| ExhibitNumber 
 2.1           |     | Description                                                                                                                                                                                                                                                                       
 Agreement and Plan of Merger, dated July 24, 2024, by and among FTAC Emerald Acquisition Corp., FTAC EMLD Merger Sub Inc. and Fold, Inc. (incorporated by reference to Exhibit 2.1 of the Current Report on Form 8-K filed by the Company on July 25, 2024).                      |
|:--------------|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1           |     | Third Amended and Restated Certificate of Incorporation of Fold Holdings, Inc.(1)                                                                                                                                                                                                 |
| 3.2           |     | Second Amended and Restated Bylaws of Fold Holdings, Inc.(1)                                                                                                                                                                                                                      |
| 4.1           |     | Specimen Common Stock Certificate.(2)                                                                                                                                                                                                                                             |
| 4.2           |     | Specimen Warrant Certificate.(2)                                                                                                                                                                                                                                                  |
| 4.3           |     | Warrant Agreement, dated December 15, 2021, by and between