Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 273

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 273
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 Termination The Merger Agreement may be terminated at any time prior to the Effective Time as follows: •by mutual written consent of Emerald and Fold; •by either Emerald or Fold if the transactions are not consummated on or before January24, 2026, provided that the failure to consummate the transaction by that date is not due to a material breach by the party seeking to terminate and which such breach is the proximate cause for the conditions to close not being satisfied; •by either Emerald or Fold if a governmental entity that has jurisdiction over the parties with respect to the Business Combination shall have issued a law or final, non -appealablegovernmental order, rule or regulation permanently enjoining or prohibiting the consummation of the Merger, provided that, the party seeking to terminate cannot have breached its obligations under the Merger Agreement in any manner that has proximately contributed to the governmental action; 161 •by either Emerald or Fold if the other party has breached its representations, warranties, covenants or agreements in the Merger Agreement such that the conditions to closing cannot be satisfied and such breach cannot be cured by January24, 2026, provided that the party seeking to breach is not itself in breach of the Merger Agreement; •by either Emerald or Fold if the Emerald stockholders have not voted to approve the Advisory Organizational Documents Proposal, the Business Combination Proposal, and the Equity Incentive Plan Proposal, and the Nasdaq Proposal; •by written notice from Emerald to Fold if Fold has not provided Emerald with audited financial statements for the years ended December31, 2023 and December31, 2022, by November15, 2024; •by written notice from Emerald to Fold if the Fold stockholders do not approve the Merger Agreement due to the failure of Fold to obtain the required stockholder vote; •by written notice from Fold to Emerald if the Emerald Board shall have publicly withdrawn, modified or changed in an adverse manner its recommendation to vote in favor of the Merger and other proposals; or •by written notice from Fold to Emerald if Nasdaq ultimately determines that Emerald cannot meet its initial listing requirements following the Effective Time (other than those which by their nature are to be satisfied as of immediately following the Closing). The foregoing summary of the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the actual Merger Agreement, which is filed as Annex Ahereto, and which is incorporated by reference in this proxy statement/prospectus.