Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 423

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 423
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 as described above, (b) certain ordinary cash dividends, (c) to satisfy the redemption rights of the holders of shares of Common Stock in connection with the Business Combination, (d) to satisfy the redemption rights of the holders of Common Stock in connection with a stockholder vote to amend the Existing Charter to modify the substance or timing of Emerald’s obligation to redeem 100% of its Common Stock if Emerald does not complete an initial business combination by the Extension Deadline or to provide for redemption in connection with the Closing or (e) in connection with the redemption of Common Stock upon Emerald’s failure to complete an initial business combination, then the warrant exercise price will be decreased, effective immediately after the effective date of such event, by the amount of cash and the fair market value of any securities or other assets paid on each share of New Fold Common Stock in respect of such event. If the number of outstanding shares of New Fold Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of shares of New Fold Common Stock or other similar event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of New Fold Common Stock issuable on exercise of each Public Warrant will be decreased in proportion to such decrease in outstanding shares of New Fold Common Stock. Whenever the number of shares of New Fold Common Stock purchasable upon the exercise of the Public Warrants is adjusted, as described above, the Public Warrant exercise price will be adjusted by multiplying the Public Warrant exercise price immediately prior to such adjustment by a fraction (x) the numerator of which will be the number of shares of New Fold Common Stock purchasable upon the exercise of the Public Warrants immediately prior to such adjustment, and (y) the denominator of which will be the number of shares of New Fold Common Stock so purchasable immediately thereafter. In case of any reclassification or reorganization of the outstanding shares of New Fold Common Stock (other than those described above or that solely affects the par value of such shares of New Fold Common Stock), or in the case of any merger or consolidation of New Fold with or into another corporation (other than a consolidation or merger in which New Fold is the continuing corporation and that does not result in any reclassification or reorganization of the outstanding shares of New Fold Common Stock), or in the case of any sale or conveyance to another corporation or entity of the assets or other property of New Fold as an entirety or substantially as an entirety in connection