Company: FLDDW
Filing Date: 2025-07-28
Form Type: S-1/A
Source: 0001213900-25-068264
Chunk: 319

Company: Fold Holdings, Inc.
Filing Date: 2025-07-28
Form: S-1/A
Chunk 319
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275 |   |     |             | —            |   |     |       |   5,170,275 |   |
| Exercise of Series B warrants                      |     |               — |   |     |        |      — |   |     |    500,000 |   |     |        |    50 |   |     |            |         (50 | ) |     |             | —            |   |     |       |           — |   |
| Issuance of March 2025 Closing Shares and Warrants |     |               — |   |     |        |      — |   |     |    750,000 |   |     |        |    75 |   |     |            |   9,569,109 |   |     |             | —            |   |     |       |   9,569,184 |   |
| Balance at March 31, 2025                          |     |               — |   |     | $      |      — |   |     | 46,250,665 |   |     | $      | 4,625 |   |     | $          | 222,098,867 |   |     | $           | (150,227,722 | ) |     | $     |  71,875,770 |   |

F-58

Fold Holdings, Inc.
Condensed Statements of Cash Flows
(Unaudited)

| Cash flows from operating activities                                        |     | Three Months Ended 
 March 31,          
 2025               |             |   |     | 2024 |            |   |
|:----------------------------------------------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|-----------:|:--|
| Net loss                                                                    |     | $                  | (48,879,200 | ) |     | $    |   (945,046 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |     |                    |             |   |     |      |            |   |
| Amortization expense                                                        |     |                    |      91,071 |   |     |      |     57,353 |   |
| Loss (gain) on digital assets – rewards treasury                            |     |                    |   1,010,586 |   |     |      | (3,491,889 | ) |
| Loss on digital assets – investment