Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 560

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 560
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 other security as set forth in the applicable Subscription Agreement in exchange for the purchase price set forth therein, in each case, on the terms and subject to the conditions set forth in the applicable Subscription Agreement (the “ Private Placements ”). WHEREAS , contemporaneously with the execution and delivery of this Agreement, in connection with the Transactions, the Sponsor and the Requisite Company Stockholders have each entered into that certain Sponsor Support Agreement, dated as of the date hereof (the “ Sponsor Agreement ”), with Parent and the Company. WHEREAS , in September 2023, the Sponsor, as holder of all issued and outstanding Parent Class B Common Stock, elected to convert all 8,615,141 shares of Parent Class B Common Stock into an equal number of non-redeemable shares of Parent Class A Common Stock. WHEREAS , contemporaneously with the execution and delivery of this Agreement, Sponsor has entered into a letter agreement with Parent (the “ Sponsor Share Restriction Agreement ”), whereby Sponsor has agreed to, among other things, in connection with the Closing of the Transactions, forfeit all of the Parent Private Placement Warrants and subject certain shares of Parent Class A Common Stock held by Sponsor to restrictions on transfer or sale on the terms and conditions set forth in the Sponsor Share Restriction Agreement. WHEREAS , pursuant to the Parent Organizational Documents, Parent shall provide an opportunity to its stockholders to have their Parent Common Stock redeemed prior to the Effective Time for the consideration, and on the terms and subject to the conditions and limitations, set forth in this Agreement, the Parent Organizational Documents, the Parent Trust Agreement, and the Proxy Statement in conjunction with, inter alia , obtaining approval from the stockholders of Parent for the Business Combination (the “ Redemption Offer ”). WHEREAS , prior to the consummation of the Transactions, Parent shall adopt the Parent Restated Bylaws. Annex A-1 WHEREAS , prior to the consummation of the Transactions, Parent shall, subject to obtaining the Parent Stockholder Approval, adopt an omnibus equity incentive plan (the “ Parent Incentive Plan ”) and employee stock purchase plan (the “ Parent ESPP ”) as provided herein. WHEREAS , immediately following the consummation of the Transactions, Parent shall, subject to obtaining the Parent Stockholder Approval, adopt the Parent Restated Charter. WHEREAS , each of the Parties intends that, for U.S. federal income tax purposes (and for purposes of any applicable state or local income tax law that follows U.S.