Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 41

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 41
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 be required to be on a cashless basis, which would lessen the dilutive effect of a warrant redemption. Historical trading prices for shares of Emerald Class A Common Stock have varied between a low of approximately $9.55 per share on February9, 2022 to a high of approximately $11.40 per share on August5, 2024, but have not approached the $18.00 per share threshold for redemption (which, as described above, would be required for 20 trading days within a 30 trading -dayperiod after they become exercisable and prior to their expiration, at which point the Public Warrants would become redeemable). In the event that Emerald elects to redeem all of the redeemable warrants as described above, Emerald will fix a date for the redemption. Notice of redemption will be mailed by first class mail, postage prepaid, by us not less than 30 days prior to the redemption date to the registered holders of the Public Warrants to be redeemed at their last addresses as they appear on the registration books. Any notice mailed in the manner provided in the warrant agreement shall be conclusively presumed to have been duly given whether or not the registered holder received such notice. Q.If I hold Emerald Warrants, can I exercise redemption rights with respect to my warrants? A.No. There are no redemption rights with respect to the Emerald Warrants. Q.Do I have appraisal rights if I object to the proposed Business Combination? A.No. There are no appraisal rights available to holders of shares of Emerald Common Stock or Emerald Warrants in connection with the Business Combination under the DGCL. Q.What happens to the funds held in the Trust Account upon consummation of the Business Combination? A.If the Business Combination is consummated, the funds held in the Trust Account will be released to pay (i) Emerald stockholders who properly exercise their redemption rights and (ii) expenses incurred by Fold and Emerald in connection with the Business Combination, to the extent not otherwise paid prior to the Closing. Any additional funds available for release from the Trust Account will be used for general corporate purposes of New Fold following the Business Combination. Q.What happens if a substantial number of stockholders vote in favor of the Business Combination Proposal and exercise redemption rights? A.Public Stockholders may vote in favor of the Business Combination and still exercise their redemption rights and are not required to vote in any way to exercise their redemption rights. Accordingly, the Business Combination may be consummated even though the funds available from the Trust Account and the number of Public Shares