Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 178

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 178
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 additional accounting, finance, and other personnel in connection with New Fold’s becoming, and New Fold’s efforts to comply with the requirements of being, a public company, and New Fold’s management and other personnel will need to devote a substantial amount of time towards maintaining compliance with these requirements. These requirements will increase New Fold’s legal and financial compliance costs and will make some activities more time -consumingand costly. For example, New Fold expects that the rules and regulations applicable to it as a public company may make it more difficult and more expensive for it to obtain director and officer liability insurance, which could make it more difficult for it to attract and retain qualified members of New Fold’s Board of Directors. Fold is currently 96 evaluating these rules and regulations and cannot predict or estimate the amount of additional costs New Fold may incur or the timing of such costs. These rules and regulations are often subject to varying interpretations, in many cases due to their lack of specificity, and, as a result, their application in practice may evolve over time as new guidance is provided by regulatory and governing bodies. This could result in continuing uncertainty regarding compliance matters and higher costs necessitated by ongoing revisions to disclosure and governance practices. New Fold may issue additional shares of New Fold Common Stock or other equity securities without your approval, which would dilute your ownership interests and may depress the market price of your shares. New Fold may issue additional shares of New Fold Common Stock or other equity securities of equal or senior rank in the future in connection with, among other things, raising additional capital, future acquisitions, repayment of outstanding indebtedness, or awards under the Incentive Award Plan and ESPP, without stockholder approval, in a number of circumstances. New Fold may sell shares or other securities in any other offering at a price per share that is less than the price per share paid by the investors in the Business Combination, and investors purchasing shares or other securities in the future could have rights superior to existing shareholders. The price per share at which the additional shares or securities convertible or exchangeable into public shares, will be sold in future transactions may be higher or lower than the price per share paid by investors during the Business Combination. New Fold’s management team has no experience managing a public company. Members of the New Fold management team have no experience managing a publicly traded company, interacting with public company investors, and complying with the increasingly complex laws pertaining to public companies. The New Fold management team may not successfully or efficiently manage our transition to being a public company that is subject to significant regulatory oversight and