Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 211

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 211
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 | — |     |               |      10,242 |   |     |             | — |     |             |      10,242 |   |
| Net income (loss)                                                        |     | $             | — |     | $             |  (6,611,103 | ) |     | $           | — |     | $           |  (6,611,103 | ) |
| Weighted Average Number of Common Shares Outstanding – Basic and Diluted |     |               |   |     |               |  47,596,074 |   |     |             |   |     |             |  45,211,237 |   |
| Earning (Loss) Per Share – Basic and Diluted                             |     |               |   |     | $             |       (0.14 | ) |     |             |   |     | $           |       (0.15 | ) |

119 Note 1. Basis of Pro Forma Presentation The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -Xas amended by the final rule, Release No. 33 -10786, “Amendments to Financial Disclosures about Acquired and Disposed Businesses.” Release No. 33 -10786replaces the existing pro forma adjustment criteria, which simplified requirements to depict the accounting for the transactions and present the reasonably estimable synergies and other transaction effects that have occurred or are reasonably expected to occur. These unaudited pro forma condensed combined financial statements do not present any estimable synergies and only present the Transaction adjustments, and have been presented to provide relevant information necessary for an understanding of the transactions discussed above. Adjustments have been made to depict in the unaudited pro forma condensed combined balance sheet of Emerald and Fold as of September 30, 2024 the accounting for the transaction required by U.S. Generally Accepted Accounting Principles (U.S. GAAP) as if the Business Combination and December 2024 Initial Investor Financing transactions were completed as of September 30, 2024. The pro forma condensed combined statements of operations of Emerald and Fold for the nine months ended September 30, 2024 and the year ended December 31, 2023 reflect any corresponding effects of the balance sheet adjustments to the statement of operations assuming those adjustments were made as of the beginning of the period presented. These adjustments are described in the accompanying notes and are based on available information and certain assumptions we believe