Company: FLDDW
Filing Date: 2025-10-01
Form Type: 8-K
Source: 0001193125-25-226833
Chunk: 0

Company: Fold Holdings, Inc.
Filing Date: 2025-10-01
Form: 8-K
Item: Item 1.01
Chunk 0
---
Item 1.01 Entry into a Material Definitive Agreement.

Master Loan Agreement

On October 1, 2025, Fold, Inc., a Delaware corporation (“ Borrower”), and wholly owned subsidiary of Fold Holdings, Inc. (the “ Company”), entered into a Master Loan Agreement (the “ MLA”) with Two Prime Lending Limited, a company organized under the laws of the British Virgin Islands (“ Two Prime”), that establishes a revolving credit facility (the “ Facility”) pursuant to the terms of which the Borrower may, from time to time, request an advance of funds, and Two Prime may, in its sole and absolute discretion, extend or decline such advance on terms acceptable to the Borrower and Two Prime and as set forth in individually executed loan term sheets (each, a “ Loan Term Sheet”).

Facility and economics:

The Facility provides for loans in an aggregate principal amount of up to $45,000,000, with no minimum loan amount required. Any amounts borrowed under this Facility bear interest at a rate of 6.5% per annum, accruing daily on a 360‑day year basis and payable in USD. The first advance under the first Loan Term Sheet will mature on October 1, 2026 (the “ Maturity Date”). The Borrower may prepay any outstanding amounts borrowed, in whole or in part, without premium or penalty, at any time prior to the Maturity Date. If the Borrower fails to pay any amount payable (including any Loan Fees (as defined in the Facility)) on its due date (including the Maturity Date or a Redelivery Date (as defined in the Facility)), late fees shall, at the discretion of Two Prime, accrue for each Unpaid Sum (as defined in the Facility) from its due date to the date of actual payment at a rate of 5.0% per annum.

The first advance under the Facility is a Fixed Term Loan with a Borrower Prepayment Option and no Call Option (as each such term is defined in the Facility). All subsequent Loan Term Sheets shall be individually agreed upon between the Borrower and Two Prime.

Use of proceeds:

The Company expects that any amounts borrowed from the Facility will be used for, without limitation, working capital and general corporate purposes. This Facility provides non-dilutive capital to support the Company’s growth and preserves optionality with regard to managing its bitcoin treasury.

Collateral; valuation; custody:

The Borrower’s obligations under the Facility are secured by a portion of the Borrow