Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 479

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 479
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|------------------------:|:----|-----------:|
| Convertible preferred stock     |     |              12,364,815 |     | 12,364,815 |
| Unvested restricted stock units |     |               1,540,976 |     |  1,583,089 |
| SAFEs(1)                        |     |                       — |     |          — |
| Total anti-dilutive securities  |     |              13,905,791 |     | 13,947,904 |

____________ (1)The contingently convertible SAFEs were not included for purposes of calculating the number of diluted shares outstanding as of December 31, 2023 or 2022, as the number of dilutive shares is based on a conversion ratio associated with the pricing of a future financing or liquidation event. Therefore, the contingently convertible SAFEs’ conversion ratio, and the resulting number of dilutive shares, is not determinable until the contingency is resolved. 16. SUBSEQUENT EVENTS The Company evaluated subsequent events, if any, that would require an adjustment to the Company’s financial statements or require disclosure in the notes to the financial statements through October 4, 2024, the date the financial statements were available to be issued. Where applicable, the notes to these financial statements have been updated to discuss significant subsequent events which have occurred. Additionally, the Company identified the following subsequent events for disclosure: Merger agreement On July 24, 2024, FTAC Emerald, EMLD Merger Sub Inc. (“Emerald”), a Delaware corporation and a direct, wholly owned subsidiary of FTAC Emerald (“Merger Sub”), and the Company entered into an Agreement and Plan of Merger (as may be amended and/or amended and restated, the “Merger Agreement”), pursuant to which Merger Sub will merge (the “Merger”) with and into Fold, whereupon the separate corporate existence of Merger Sub will cease and Fold will be the surviving company and continue in existence as a wholly owned subsidiary of FTAC Emerald, on the terms and subject to the conditions set forth therein (collectively with the other transactions described in the Merger Agreement, the “Business Combination”). In connection with the consummation of the Business Combination, FTAC Emerald will be renamed “Fold Holdings, Inc.” SAFEs From January 1 to July31, 2024, the Company entered into six SAFEs (the “2024 SAFEs”) with various investors, including