Company: FLDDW
Filing Date: 2025-06-17
Form Type: 8-K
Source: 0000950170-25-087072
Chunk: 6

Company: Fold Holdings, Inc.
Filing Date: 2025-06-17
Form: 8-K
Item: Item 1.01
Chunk 6
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 the Investor an amount in cash, as partial liquidated damages, equal to the product of 1% multiplied by the total purchase price of each outstanding Advance Notice; provided, that the maximum aggregate amount payable thereunder shall not exceed 2% of such amount.

The Company has granted the Investor customary indemnification rights in connection with the RRA, and the Investor has also granted the Company customary indemnification rights in connection with the RRA.

The foregoing descriptions of the Facility and RRA are not complete and are qualified in their entirety by reference to the full text of the Facility and RRA, copies of which are filed asExhibit 10.1 andExhibit 10.2, respectively, hereto and are incorporated herein by reference.

Waiver, Amendment and Joinder Agreement

The Company entered into a Waiver, Amendment and Joinder Agreement with its subsidiary, Fold, Inc., a Delaware corporation (“ Subsidiary”), and certain holder (the “ Holder”) named therein (the “ Waiver and Amendment Agreement”) in connection with (A) that certain Securities Purchase Agreement, dated as of December 24, 2024, by and between the Subsidiary and the Holder (“ Securities Purchase Agreement”), pursuant to which, among other things, the Subsidiary issued (i) that certain Senior Secured Convertible Note to the Holder on December 24, 2024, which was exchanged into that certain Senior Secured Convertible Note on February 14, 2025, concurrently with the consummation of the Company’s business combination (the “ Note”) and (ii) (a) that certain Series A Warrant, (b) that certain Series B Warrant and (c) that certain Series C Warrant, each of which were initially issued to the Holder on December 24, 2024, and subsequently exchanged into warrants to purchase Common Stock of the Company on February 14, 2025 (the “ Warrants”), concurrently with the consummation of the Company’s business combination, and (B) that certain Pledge and Security Agreement, dated as of December 24, 2024, by and among the Holder, as collateral agent, and the Subsidiary, as debtors (the “ Security Agreement”).

The terms of the Waiver and Amendment Agreement provide for, among other things: (i) the Shares of Common Stock issuable under the Facility to the Investor to be deemed to be “ Excluded Securities” under each of the Securities Purchase