Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 222

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 222
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 the affirmative vote (in person online or by proxy) of the holders of a majority of the shares of Emerald Common Stock, voting together as a single class, that are cast thereon at the special meeting. Accordingly, an Emerald stockholder’s failure to vote by proxy or to vote in person online at the special meeting, an abstention from voting, or a broker non -votewill have no effect on the outcome of any vote on these proposals. The approval of the election of each director nominee pursuant to the Election of Directors Proposal requires the affirmative vote of the holders of a plurality of the outstanding shares of Emerald Common Stock, voting together as a single class, that are cast thereon at the special meeting. Accordingly, an Emerald stockholder’s failure to vote by proxy or to vote in person online at the special meeting, an abstention from voting, or a broker non -votewill have no effect on the outcome of any vote on the Election of Directors Proposal. Pursuant to the Merger Agreement, the Business Combination is conditioned upon the approval of holders of the requisite number of shares of Emerald to approve and adopt the Merger Agreement and the Business Combination and to approve the other proposals described in this proxy statement/prospectus. In accordance with the Support Agreement, entered into concurrently with the execution of the Merger Agreement, holders of 9,591,222shares of Emerald Class A Common Stock (or 66.8% of the outstanding shares of Emerald Common Stock as of September30, 2024) have agreed to vote in favor of each of the proposals, subject to certain customary conditions. Assuming all of the outstanding shares of Emerald Common Stock vote on each proposal, each of the Organizational Documents Proposal, Advisory Organizational Documents Proposals, Business Combination Proposal, Equity Incentive Plan Proposal, Employee Stock Purchase Plan Proposal, Nasdaq Proposal, Adjournment Proposal and each director nominee pursuant to the Election of Directors Proposal will not require the affirmative vote of any additional shares of outstanding Emerald Common Stock (voting together as a single class) in order to be approved. 127 Abstentions and Broker Non-Votes Under the rules of various national and regional securities exchanges, your broker, bank or nominee cannot vote your shares with respect to non -discretionarymatters unless you provide instructions on how to vote in accordance with the information and procedures provided to you by your broker, bank or nominee. Emerald believes the proposals presented to its stockholders will be considered non -discretionaryand therefore your broker