Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 314

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 314
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 vote thereon;

●requiring the affirmative vote of at least 662/3% of the voting power
of the outstanding shares of our capital stock entitled to vote generally in the election of directors, voting together as a single class,
to amend the Bylaws or certain provisions of the Charter; and

●advance notice procedures that stockholders must comply with
in order to nominate candidates to our Board or to propose matters to be acted upon at a stockholders’ meeting, which may discourage
or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise
attempting to obtain control of us.

These provisions, alone or together, could delay
hostile takeovers and changes in control of us or changes in the Board and management.

As a Delaware corporation, we are also subject to
provisions of Delaware law, including Section 203 of the DGCL, which will prevent some stockholders holding more than 15% of our
outstanding Common Stock from engaging in certain business combinations without approval of the holders of substantially all of our Common
Stock. Any provision of the Charter or Bylaws or Delaware law that has the effect of delaying or deterring a change in control could limit
the opportunity for our stockholders to receive a premium for their shares of our Common Stock and could also affect the price that some
investors are willing to pay for our Common Stock.

65

Our business and operations could be negatively affected if it
becomes subject to any securities litigation or stockholder activism, which could cause us to incur significant expense, hinder execution
of business and growth strategy and impact its stock price.

In the past, following periods of volatility in
the market price of a company’s securities, securities class action litigation has often been brought against that company. Stockholder
activism, which could take many forms or arise in a variety of situations, has been increasing recently. Volatility in the stock price
of our Common Stock or other reasons may in the future cause it to become the target of securities litigation or stockholder activism.
Securities litigation and stockholder activism, including potential proxy contests, could result in substantial costs and divert management’s
and the board of directors’ attention and resources from our business. Additionally, such securities litigation and stockholder
activism could give rise to perceived uncertainties as to our future, adversely affect its relationships with service providers and make
it more difficult to attract and retain qualified personnel. Also, we may be required to incur