Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 284

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 284
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 could be adversely affected.

We currently rely on third-party service providers for certain
aspects of our operations, and any interruptions in services provided by these third parties may impair our ability to support our customers.

We rely on third parties in connection with many
aspects of our business, including payment processors, banks, and payment gateways to process transactions; cloud computing services and
data centers that provide facilities, infrastructure, website functionality and access, components, and services, including databases
and data center facilities and cloud computing; as well as third parties that provide outsourced customer service, compliance support
and product development functions, which are critical to our operations. Because we rely on third parties to provide these services and
to facilitate certain of our business activities, we face increased operational risks. We do not directly manage the operation of any
of these third parties, including their data center facilities that we use. These third parties may be subject to financial, legal, regulatory,
and labor issues, cybersecurity incidents, data theft or loss, break-ins, computer viruses or vulnerabilities in their code, denial-of-service
attacks, sabotage, acts of vandalism, loss, disruption, or instability of third-party banking relationships, privacy breaches, service
terminations, disruptions, interruptions, and other misconduct. They are also vulnerable to damage or interruption from human error, power
loss, telecommunications failures, fires, floods, earthquakes, hurricanes, tornadoes, pandemics and similar events. In addition, these
third parties may breach their agreements with us, disagree with our interpretation of contract terms or applicable laws and regulations,
refuse to continue or renew these agreements on commercially reasonable terms or at all, fail or refuse to process transactions or provide
other services adequately, take actions that degrade the functionality of our services, impose additional costs or requirements on us
or our customers, or give preferential treatment to competitors. There can be no assurance that third parties that provide services to
us or to our customers on our behalf will continue to do so on acceptable terms, or at all. If any third parties do not adequately or
appropriately provide their services or perform their responsibilities to us or our customers on our behalf, such as if third-party service
providers to close their data center facilities without adequate notice, are unable to restore operations and data, fail to perform as
expected, or experience other unanticipated problems, we may be unable to procure alternatives in a timely and efficient manner and on
acceptable terms, or at all, and we may be subject to business disruptions