Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 307

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 307
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 who owns (or is deemed to own through attribution) 5% or more of the combined voting power or value of all classes of New Fold or one of its parents’ or subsidiaries’ stock will not be allowed to participate in the ESPP (unless otherwise required under applicable law). In addition, the plan administrator may provide that an employee may not be eligible to participate in an offering under the Section 423 Component if the employee is a citizen or resident of a non -U.S. jurisdiction and the grant of a right to purchase shares would be prohibited under applicable law or would cause the Section 423 Component (or any offering thereunder) to violate the requirements of Section 423 of the Code. Additionally, the plan administrator may provide that certain highly compensated, seasonal and/or part -timeemployees and/or employees who have not met applicable service requirements may not be eligible to participate in an offering or, with respect to offerings under the Non -Section423 Component, that only certain employees are eligible to participate in such offerings (regardless of the foregoing rules). Following the Closing, New Fold is expected to have approximately 30 employees who are eligible to participate in the ESPP. Participation. Eligible employees may become participants in the ESPP for an offering period by completing a subscription agreement prior to the enrollment date of the applicable offering period, which will designate a whole percentage of the eligible employee’s compensation to be withheld as payroll deductions under the ESPP during the offering period. Offerings; Purchase Periods • Offerings; Purchase Periods. Under the ESPP, participants are offered the right to purchase shares of New Fold Common Stock at a discount during a series of offering periods. The length of the offering periods under the ESPP will be determined by the plan administrator and may be up to twenty -seven(27) months long. Accumulated payroll deductions will be used to purchase shares of New Fold Common Stock on each purchase date during an offering period. The number of purchase periods within, and purchase dates during, each offering will be established by the plan administrator, but in no event will any purchase period exceed six (6) months in the absence of a contrary designation by the plan administrator. Offering periods under the ESPP will commence when determined by the plan administrator. The plan administrator may, in its discretion, modify the terms of future offerings. • Enrollment and Contributions. The ESPP permits participants to purchase New Fold Common Stock through payroll deductions of a whole percentage of their eligible compensation, which may not be less than 1% and may be up