Company: FLDDW
Filing Date: 2025-02-11
Form Type: 425
Source: 0001213900-25-011945
Chunk: 4

Company: Fold Holdings, Inc.
Filing Date: 2025-02-11
Form: 425
Chunk 4
---
ix) the risk that the proposed transaction may not generate the expected net proceeds for the combined company;
(x) the ability to implement business plans and other expectations after the completion of the proposed transaction, and identify and
realize additional opportunities; (xi) the occurrence of any event, change or other circumstance that could give rise to the termination
of the business combination agreement; (xii) the risk of downturns, new entrants and a changing regulatory landscape in the highly competitive
industry in which Fold operates; and (xiii) those factors discussed in FTAC Emerald’s filings with the SEC under the heading “Risk
Factors,” and other documents of FTAC Emerald filed, or to be filed, with the SEC. If any of these risks materialize or Fold’s
assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There
may be additional risks that neither FTAC Emerald nor Fold presently know or that FTAC Emerald and Fold currently believe are immaterial
that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements
reflect FTAC Emerald’s and Fold’s expectations, plans or forecasts of future events and views as of the date of this report.
While FTAC Emerald and Fold may elect to update these forward-looking statements at some point in the future, each specifically disclaims
any obligation to do so. These forward-looking statements should not be relied upon as representing FTAC Emerald’s and Fold’s
assessments as of any date subsequent to the date of this press report. Accordingly, undue reliance should not be placed upon the forward-looking
statements.

Item 9.01. Financial Statements and Exhibits.

| (d) | Exhibits. |

| Exhibit No. |     | Description                                           |
| 99.1        |     | Press Release                                         |
| 104         |     | Cover Page Interactive Data File (embedded within the 
 Inline XBRL document).                                |

<div align='center'>2

SIGNATURE</div>

Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.

| Dated: February 11, 2025 | FTAC EMERALD ACQUISITION CORP. |                                       |
|:-------------------------|:-------------------------------|:--------------------------------------|
|                          | By:                            | /s/ Brace