Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 11

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 11
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 reputation and our business, 
 operating results, and financial condition.                                                                                                    |

| ● | Our or our third-party partners’ failure to safeguard and manage our and our customers’ fiat            
 currencies and Bitcoin could adversely impact our business, operating results, and financial condition. |

| ● | If we fail to retain existing customers or add new customers, or if our customers decrease their level of                                  
 engagement with our products, services and platform, our business, operating results, and financial condition may be significantly harmed. |

| ● | Our operating expenses may increase in the future and we may not be able to achieve profitability or positive                             
 cash flow from operations on a consistent basis, which may cause our business, operating results, and financial condition to be adversely 
 impacted.                                                                                                                                 |

| ● | Our strategy and focus on delivering high-quality, compliant, easy-to-use, and secure Bitcoin-related financial 
 services may not maximize short-term or medium-term financial results.                                          |

| ● | Due to our limited operating history, it may be difficult to evaluate our business and future prospects, 
 and we may not be able to achieve or maintain profitability in any given period.                         |

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| ● | Our business could be harmed if we are unable to accurately forecast customer demand for Bitcoin and to adequately                     
 manage our Bitcoin balances, including the Bitcoin balances we maintain for our own account or Bitcoin balances that may be maintained 
 for use in our rewards program.                                                                                                        |

| ● | Unfavorable media coverage could negatively affect our business. |

| ● | Our compliance and risk management methods might not be effective and may result in outcomes that could adversely 
 affect our reputation, operating results, and financial condition.                                                |

| ● | We may suffer losses due to abrupt and erratic market movements. |

| ● | Due to unfamiliarity and some negative publicity associated with Bitcoin products and services, confidence 
 or interest in our platforms may decline.                                                                  |

| ● | We rely on search engines, social networking sites, and other web-based platforms to attract a meaningful                                  
 portion of our users, and if those search engines, social networking sites and other web-based platforms change their listings or policies 
 regarding advertising, or increase their pricing or suffer problems, it may limit our ability to attract new users.                        |

Corporate Information We were incorporated under the laws of the state of Delaware on February 19, 2021 under the name FTAC Emerald Acquisition Corp. Upon the closing of the Business Combination, we changed our name to Fold