Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 49

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 49
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, operating
results, and financial condition could be adversely affected by real or perceived inaccuracies in those metrics or any changes in metrics
we disclose.

We regularly review key business
metrics to measure our performance and make strategic decisions. These key metrics are calculated using internal company data and have
not been validated by an independent third-party. While these numbers are based on what we believe to be reasonable estimates for the
applicable period of measurement at the time of reporting, there are inherent challenges in such measurements. If we fail to maintain
an effective analytics platform, our key metrics calculations may be inaccurate, and we may not be able to identify those inaccuracies.
Additionally, we have in the past and may in the future, calculate key business metrics using third-party data. While we believe the third-party
data we have used in the past or may use in the future is reliable, we have not independently verified and may not in the future independently
verify the accuracy or completeness of the data contained in such sources and there can be no assurance that such data is free of error.
Any inaccuracy in the third-party data we use could cause us to overstate or understate our key metrics. We regularly review our processes
for calculating these metrics, and from time to time we make adjustments to improve their accuracy.

Our key business metrics may
also be impacted by compliance or fraud-related bans, technical incidents, or false or spam accounts in existence on our platform. We
regularly deactivate fraudulent and spam accounts that violate our terms of service, and exclude these users from the calculation of our
key business metrics; however, we may not succeed in identifying and removing all such accounts from our platform.

We may change our key business
metrics from time to time, which may be perceived negatively. Given the rapid evolution of the digital assets space, we regularly evaluate
whether our key business metrics remain meaningful indicators of the performance of our business. As a result of these evaluations, in
the past we have decided to make changes, and in the future may make additional changes, to our key business metrics, including eliminating
or replacing existing metrics. Further if investors or the media perceive any changes to our key business metrics disclosures negatively,
our business could be adversely affected.

Unfavorable media coverage
could negatively affect our business.

Unfavorable publicity regarding,
for example, our product changes, product quality, litigation or regulatory activity, privacy practices, terms of service, employment
matters, the use of our products or services (including Bitcoin-related products and