Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 436

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 436
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 accredited investors at a purchase price of $0.63 per share, for an aggregate purchase price of $1,893,385.62. In March 2021, Fold issued an aggregate of 797,236shares of Series A -2Preferred Shares to accredited investors at a purchase price of $0.75 per share, for an aggregate purchase price of $597,927. In March 2021, Fold issued an aggregate of 738,186shares of Series A -3Preferred Shares to accredited investors at a purchase price of $0.81 per share, for an aggregate purchase price of $597,930.66. In March 2021, Fold issued an aggregate of 1,323,571shares of Series A -4Preferred Shares to accredited investors at a purchase price of $0.96 per share, for an aggregate purchase price of $1,270,628.16. In March 2021, Fold issued an aggregate of 110,730shares of Series A -5Preferred Shares to accredited investors at a purchase price of $0.99 per share, for an aggregate purchase price of $109,622.70. SAFEs From January 1 to July31, 2024, the Company entered into six SAFEs (the “2024 SAFEs”) with various accredited investors, including Thesis Inc., a related party of the Company, with aggregate gross proceeds from these agreements totaling $71.1million. All of the proceeds were collected through September 2024. 278 Share-based Compensation From January1, 2021 through September30, 2024, Fold granted to certain directors, officers, employees, consultants and other service providers restricted share purchase agreements covering 2,554,026 of its ordinary shares, with grant date fair values per share ranging from $0.35 to $8.94. Investor Financing On December24, 2024, Fold entered into a Securities Purchase Agreement (the “December 2024 Securities Purchase Agreement”) with an institutional investor (the “Investor”), pursuant to which (i) Fold issued to the Investor a Senior Secured Convertible Note in an aggregate principal amount of $20,000,000 (the “December 2024 Initial Investor Note”), and (ii) following the closing of the Business Combination, Fold (or New Fold, as successor to Fold) may issue to the Investor an additional Senior Secured Convertible Note in an aggregate principal amount of up to $10,000,000 (the “Additional Investor Note”