Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 67

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 67
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 such stockholder are properly counted. On the Record Date, there were 14,237,038shares of Emerald Class A Common Stock outstanding and no shares of Emerald Class B Common Stock outstanding. Our Sponsor holds 8,615,141shares of Emerald Class A Common Stock and 976,081 Private Placement Units. Our Sponsor and our officers and directors have agreed to vote all of their shares of Emerald Class A Common Stock and any Public Shares acquired by them in favor of the Business Combination Proposal. Emerald’s issued and outstanding Emerald Warrants do not have voting rights at the special meeting. Quorum and Vote Required for the Emerald Proposals A quorum will be present at the special meeting if a majority of the Emerald Common Stock outstanding and entitled to vote at the special meeting is represented in person or by proxy. The approval of the Organizational Documents Proposal requires the affirmative vote (in person or by proxy) of the majority of the issued and outstanding shares of the Emerald Class A Common Stock, as well as the vote of a majority of the issued and outstanding shares of Emerald Class A Common Stock and Emerald Class B Common Stock, voting together as a single class. The approval of the Business Combination Proposal, the Advisory Organizational Documents Proposals, Equity Incentive Plan Proposal, Employee Stock Purchase Plan Proposal, Nasdaq Proposal and Adjournment Proposal require the affirmative vote (in person or by proxy) of the holders of a majority of the shares of Emerald Common Stock, voting together as a single class, that are cast thereon at the special meeting. The approval of the election of each director nominee pursuant to the Election of Directors Proposal requires the affirmative vote of the holders of a plurality of the outstanding shares of Emerald Common Stock, voting together as a single class, that are cast thereon at the special meeting. Pursuant to the Merger Agreement, the Business Combination is conditioned upon the approval of holders of the requisite number of outstanding shares of Emerald Common Stock entitled to vote, whether in person or by proxy, at the special meeting. 32 In accordance with the Support Agreement entered into concurrently with the execution of the Merger Agreement, holders of 9,591,222shares of Emerald Class A Common Stock (or 66.8% of the outstanding shares of Emerald Common Stock as of September 30, 2024) have agreed to vote in favor of each of the proposals, subject to certain customary conditions. Assuming all of the outstanding shares of Emerald Common Stock subject to the Support Agreement are voted in favor of each proposal, in accordance