Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 204

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 204
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 of calculating the excise tax, repurchasing corporations are permitted to net the fair market value of certain new stock issuances against the fair market value of stock repurchases during the same taxable year. Any excise tax payable by us in connection with a redemption could affect our ability to complete the Business Combination. 110 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION Defined terms included below have the same meaning as terms defined and included elsewhere in this proxy statement / prospectus. Unless the context requires otherwise, references to “Fold,” “we,” “us,” “our” and “the Company” in this section are to the business and operations of Fold prior to the Business Combination and to New Fold following the Business Combination. The following unaudited pro forma condensed combined financial information is prepared in accordance with Article 11 of Regulation S -Xto give effect to the acquisition of Fold by FTAC Emerald Acquisition Corp. (“Emerald”). The following unaudited pro forma condensed combined financial statements are based on the historical financial statements of Emerald and Fold as adjusted to give effect to the Business Combination and related financing transactions. The unaudited pro forma condensed combined balance sheet as of September 30, 2024 assumes that the Business Combination and the December 2024 Initial Investor financing transactions were completed on September 30, 2024. The unaudited pro forma condensed combined statements of operations for the nine months ended September 30, 2024 and the year ended December 31, 2023 give pro forma effect to the Business Combination and the related proposed financing transactions as if they had occurred on January 1, 2023. The assumptions and estimates underlying the unaudited adjustments to the unaudited pro forma condensed combined financial statements are described in the accompanying notes, which should be read in conjunction with, the following: •Emerald’s unaudited condensed financial statements and related notes as of and for the nine months ended September30, 2024 included elsewhere in this proxy statement/prospectus. •Fold’s unaudited condensed financial statements and related notes as of and for the nine months ended September30, 2024 included elsewhere in this proxy statement/prospectus. •Emerald’s audited financial statements and related notes for the year ended December31, 2023 included elsewhere in this proxy statement/prospectus. •Fold’s audited financial statements and related notes for the year ended December31, 2023 included elsewhere in this proxy statement/prospectus.