Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 247

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 247
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 we need to manage headcount, capital and processes efficiently while making investments such as expanding our information
technology and financial, operating, and administrative systems and controls. Growth and scaling back initiatives could strain our existing
resources, and we could experience ongoing operating difficulties in managing our business as it expands across numerous jurisdictions,
including difficulties in hiring, training, managing and retaining a remote and evolving employee base. If we do not adapt or scale to
meet these evolving challenges, we may experience erosion to our brand, the quality of our products and services may suffer, and our company
culture may be harmed. Moreover, the failure of our systems and processes could undermine our ability to provide accurate, timely, and
reliable reports on our financial and operating results, including the financial statements provided herein, and could impact the effectiveness
of our internal controls over financial reporting. In addition, our systems and processes may not prevent or detect all errors, omissions,
or fraud. Any of the foregoing operational failures could lead to noncompliance with laws, loss of operating licenses or other authorizations,
or loss of bank relationships that could substantially impair or even suspend company operations.

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Successful implementation of our growth strategy
will also require significant expenditures before any substantial associated revenue is generated and we cannot guarantee that these increased
investments will result in corresponding and offsetting revenue growth. Because we have a limited history operating our business at its
current scale, it is difficult to evaluate our current business and future prospects, including our ability to plan for and model future
growth. Our limited operating experience at this scale, combined with the rapidly evolving nature of the Bitcoin asset market in which
we operate, substantial uncertainty concerning how these markets may develop, and other economic factors beyond our control, reduces our
ability to accurately forecast quarterly or annual revenue.

Additionally, from time to time, we may realign
our resources and talent to implement stage-appropriate business strategies, including furloughs, layoffs and reductions in force. If
there are unforeseen expenses associated with such realignments in our business strategies, and we incur unanticipated charges or liabilities,
then we may not be able to effectively realize the expected cost savings or other benefits of such actions. Failure to manage any growth
or any scaling back of our operations could have an adverse effect on our business, operating results, and financial condition.

Our services must integrate with a variety of operating systems.
If we are unable to ensure that our services or hardware interoperate with such operating systems and devices, our business may