Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 3

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 3
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 rights and the obligation to vote in favor of an initial business combination as described in the prospectus for the IPO. Between September 7, 2023 and September 15, 2023, Emerald entered into non -redemptionagreements with unaffiliated third parties (the “2023 Non -RedemptionAgreements”) in exchange for each such party agreeing not to redeem Public Shares in connection with the First Extension Meeting. In exchange for the commitments not to redeem Public Shares, Emerald agreed to issue or cause to be issued an aggregate of 1,610,000 shares of Class A Common Stock at the time of Emerald’s initial business combination. On January 19, 2024, Emerald held a special meeting of stockholders (the “Second Extension Meeting”) pursuant to which its stockholders approved an amendment to Emerald’s second amended and restated certificate of incorporation (the “Second Charter Extension Amendment”) and Trust Agreement giving Emerald the right to extend the date by which it has to complete an initial business combination from January 19, 2024 to December 20, 2024. Between January 9, 2024 and January 17, 2024, Emerald entered into non -redemptionagreements with unaffiliated third parties (together with the 2023 Non -RedemptionAgreements, the “Non -RedemptionAgreements”) in exchange for each such party agreeing not to redeem Public Shares in connection with the Second Extension Meeting. In exchange for the foregoing commitments not to redeem Public Shares, Emerald agreed to issue or cause to be issued an aggregate of 1,112,500 shares of Class A Common Stock at the time of Emerald’s initial business combination. On December17, 2024, Emerald held a special meeting of stockholders (the “Third Extension Meeting”) pursuant to which its stockholders approved an amendment to Emerald’s second amended and restated certificate of incorporation (the “Third Charter Extension Amendment”) and Trust Agreement giving Emerald the right to extend the date by which it has to complete an initial business combination from December20, 2024 to December20, 2025. In order to finance transaction costs in connection with an initial business combination, the Sponsor or an affiliate of the Sponsor, or certain of Emerald’s officers and directors may, but are not obligated to, loan Emerald funds as may be required (“Working Capital Loans”). If Emerald completes an initial business combination, Emerald would repay the Working Capital Loans out of the proceeds of the Trust Account released to Emerald. Otherwise, the