Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 315

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 315
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550,000 |

There were no transfers between Levels1, 2 and 3 during the periods ended December 31, 2024 and 2023.

F-53

FOLD HOLDINGS, INC.
(F / K / A FTAC EMERALD ACQUISITION CORP.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2024 NOTE 8. INCOME TAXES The Company’s net deferred tax assets are as follows:

| Deferred tax asset                   |     | December 31, 
 2024         |            |   |     | 2023 |            |   |
|:-------------------------------------|:----|:-------------|-----------:|:--|:----|:-----|-----------:|:--|
| Organizational costs/Start-up costs  |     | $            |  2,001,367 |   |     | $    |  1,253,839 |   |
| Federal net operating loss           |     |              |          — |   |     |      |          — |   |
| Total deferred tax asset             |     |              |  2,001,367 |   |     |      |  1,253,839 |   |
| Valuation allowance                  |     |              | (2,001,367 | ) |     |      | (1,253,839 | ) |
| Deferred tax asset, net of allowance |     | $            |          — |   |     | $    |          — |   |

The income tax provision for the years ended December 31, 2024 and 2023 consists of the following:

| Federal                       |     | December 31, 
 2024         |          |   |     | 2023 |           |   |
|:------------------------------|:----|:-------------|---------:|:--|:----|:-----|----------:|:--|
| Current                       |     | $            |  628,508 |   |     | $    | 2,325,087 |   |
| Deferred                      |     |              | (747,528 | ) |     |      |  (903,665 | ) |
| State                         |     |              |          |   |     |      |           |   |
| Current                       |     | $            |        — |   |     | $    |         — |   |
| Deferred                      |