Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 50

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 50
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 investing in order to, among other things, add specialized employees, complementary companies, products, services,
licenses, or technologies. As part of our business strategy, we may conduct discussions and evaluate opportunities for possible acquisitions,
strategic investments, entries into new businesses, joint ventures, and other transactions. We may also invest in companies and technologies
that are highly speculative in nature. In the future, we may not be able to find suitable acquisition and investment candidates, and we
may not be able to complete acquisitions or make investments on favorable terms, if at all. In some cases, the costs of such acquisitions
may be substantial, and there is no assurance that we will receive a favorable return on investment for our acquisitions. We may in the
future be required to write off acquisitions or investments. Moreover, our future acquisitions may not achieve our goals, and any future
acquisitions we complete could be viewed negatively by customers, developers, advertisers, or investors. In addition, if we fail to successfully
close or integrate any acquisitions, or integrate the products or technologies associated with such acquisitions into our company, our
net revenue and operating results could be adversely affected. Our ability to acquire and integrate companies, products, services, licenses,
employees, or technologies in a successful manner is unproven. Any integration process may require significant time and resources, and
we may not be able to manage the process successfully, including successfully securing regulatory approvals which may be required to close
the transaction and to continue to operate the target firm’s business or products in a manner that is useful to us. We may not successfully
evaluate or utilize the acquired products, services, technology, or personnel, or accurately forecast the financial impact of an acquisition
transaction, including accounting charges. We may have to pay cash, incur debt, or issue equity securities to pay for any such acquisition,
any of which could adversely affect our financial results. The sale of equity or issuance of debt to finance any such acquisitions could
result in dilution to our stockholders, which, depending on the size of the acquisition, may be significant. The incurrence of indebtedness
would result in increased fixed obligations and could also include covenants or other restrictions that would impede our ability to manage
our operations.

While we regularly evaluate strategic opportunities,
we do not currently have any plans, proposals or understandings, formally or informally, to make acquisitions or strategic investments.

Our business could be harmed if we are unable to accurately forecast
customer demand for Bitcoin and to adequately manage our