Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 251

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 251
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URRING AFTER THE DATE THAT INFORMATION WAS PREPARED. READERS OF THIS PROXY STATEMENT/PROSPECTUS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THE FOLD PROJECTIONS SET FORTH IN THIS SECTION. NONE OF FOLD, EMERALD OR ANY OF THEIR RESPECTIVE AFFILIATES, OFFICERS, DIRECTORS, ADVISORS OR OTHER REPRESENTATIVES HAS MADE OR MAKES ANY REPRESENTATION TO ANY FOLD STOCKHOLDER, EMERALD PUBLIC STOCKHOLDER OR ANY OTHER PERSON REGARDING ULTIMATE PERFORMANCE COMPARED TO THE INFORMATION CONTAINED IN THE FOLD PROJECTIONS OR THAT FINANCIAL AND OPERATING RESULTS WILL BE ACHIEVED. Fold Board’s Reasons for the Approval of the Business Combination After consideration, the Fold Board unanimously adopted resolutions (i) determining that the Merger Agreement, the Transaction Documents and the transactions contemplated thereby, including the Business Combination, were advisable and fair to, and in the best interests of Fold and its stockholders, (ii) adopting and approving the Merger Agreement, the Related Documents and the transactions contemplated thereby, including the Business Combination, and (iii) recommending that the Fold stockholders adopt the Merger Agreement and the Related Documents and approve the transactions contemplated thereby, including the Business Combination. Following the execution of the Merger Agreement, the requisite Fold stockholders, acting by written consent, adopted the Merger Agreement and the Related Documents, and approved the transactions contemplated thereby, including the Business Combination. In reaching its decision to adopt and approve, and declare advisable and fair, the Merger Agreement, the Related Documents and the transactions contemplated thereby, including the Business Combination, and resolving to recommend that the Fold stockholders adopt the Merger Agreement and the Related Documents and approve the transactions contemplated thereby, including the Business Combination, the Fold Board consulted with Fold’s management, as well as its financial and legal advisors, and considered a number of factors, including: (i)the potential increase in financing options for Fold that may result from consummating the Business Combination; (ii)the business, operations, financial condition, competitive position and prospects of Fold and current economic, industry and market conditions affecting Fold; (iii)the anticipated value of the combined organization; (iv)the potential for other third parties to enter into strategic relationships with Fold as a publicly traded company following the Business Combination; (v)the fiduciary duties of the directors and officers of Fold to its stockholders; 146 (vi)the terms