Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 346

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 346
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 future price. Fair value measurements associated with SAFEs were determined based on significant inputs not observable in the market, which represent Level 3 measurements within the fair value hierarchy. Increases and decreases in the fair value of the SAFEs can result from updates to assumptions such as expected timing and probability of a qualified financing event, or changes in discount rates, among other assumptions. Based on the Company’s assessment of the valuation of the SAFEs, performed by the Company’s third -partyvaluation specialists, none of the changes in the fair value of those instruments were due to changes in the Company’s own credit risk for the reporting periods presented. Judgment is used in determining these assumptions as of the initial valuation date and at each subsequent reporting period. Changes or updates to assumptions could have a material impact on the reported fair value and the change in fair value of SAFEs and the results of operations in any given period. The following table summarizes the changes in fair value associated with Level 3 SAFE financial instruments held at the beginning or end of the periods presented:

|                                  |     | SAFEs |              |   |
|:---------------------------------|:----|:------|-------------:|:--|
| Balance at January 1, 2024       |     | $     |   10,601,545 |   |
| Proceeds from issuances of SAFEs |     |       |      500,000 |   |
| Change in fair value of SAFEs    |     |       |       95,064 |   |
| Balance at March 31, 2024        |     |       |   11,196,609 |   |
| Proceeds from issuances of SAFEs |     |       |   71,606,134 |   |
| Change in fair value of SAFEs    |     |       |   88,277,790 |   |
| Balance at December 31, 2024     |     |       |  171,080,533 |   |
| Proceeds from issuances of SAFEs |     |       |            — |   |
| Change in fair value of SAFEs    |     |       |    6,503,113 |   |
| Conversion of SAFEs              |     |       | (177,583,646 | ) |
| Balance at March 31, 2025        |     | $     |            — |   |

F-76

Fold Holdings, Inc.
Notes to Unaudited Condensed Financial Statements