Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 261

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 261
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 related parties; parent common stock, Investment Company Act; no outside reliance; and no other representations or warranties. Under the Merger Agreement, Emerald and Merger Sub made customary representations and warranties (which are sometimes subject to materiality and knowledge qualifiers) relating to a number of matters, including the following: organization, good standing and qualification; capital structure of Emerald; corporate authority and approval; governmental filings, no violations and certain contracts; Emerald reports and internal controls; absence of certain changes; business activities and liabilities; litigation and proceedings; compliance with laws; Investment Company Act and JOBS Act; the Trust Account; valid issuance; takeover statutes and charter provisions; Nasdaq stock market quotation; brokers and finders; registration statement and proxy statement; taxes; no outside reliance; employees and benefit plans; and no other representations or warranties. Material Adverse Effect “Material Adverse Effect” as used in the Merger Agreement means any effect, event, development, change, state of facts, condition, circumstance or occurrence that, individually or in the aggregate with others, is or would reasonably be expected to be materially adverse to the business, assets, results of operations, and financial condition of Fold and its Subsidiaries, taken as a whole, or the ability of Fold to consummate the Transactions on a timely basis; provided, however, that no effect, event, development, change, state of facts, condition, circumstance or occurrence constituting, resulting or arising from any of the following, alone or in combination, shall be deemed to constitute, or be taken into account in determining whether a Material Adverse Effect has occurred or would reasonably be expected to occur: (A) any conditions or factors generally affecting the economy, credit, capital, securities or financial markets; (B) any conditions or factors generally affecting the industry, markets or geographical areas in which Fold and its Subsidiaries operate; (C) adverse changes in the relationships of Fold or any of its Subsidiaries with their respective customers, employees, suppliers, financing sources, or similar relationships as a result of the entry into, announcement or performance of the Transactions; (D) changes or modifications in GAAP or in any applicable Law or in the interpretation or enforcement thereof, after the date of the Merger Agreement; (E) any failure by Fold to meet any internal or public projections or forecasts or estimates of revenues or earnings for any period (except that the underlying causes of such failure may be taken into account for purposes of determining whether a Material Adverse Effect has occurred