Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 447

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 447
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 Statements of Operations for the Three and Nine Months Ended September 30, 2024 and 2023 (Unaudited)             |     | F-69 |
| Condensed Statements of Changes in Stockholders’ Deficit for the Nine Months Ended September 30, 2024 and 2023 (Unaudited) |     | F-70 |
| Condensed Statements of Cash Flows for the Nine Months Ended September 30, 2024 and 2023 (Unaudited)                       |     | F-71 |
| Notes to Condensed Financial Statements (Unaudited)                                                                        |     | F-72 |

F-1 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB ID 688) To the Stockholders and Board of Directors of
Fold, Inc. Opinion on the Financial Statements We have audited the accompanying balance sheets of Fold, Inc. (the “Company”) as of December31, 2023 and 2022, the related statements of operations, changes in stockholders’ deficit and cash flows for each of the two years in the period ended December31, 2023, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December31, 2023 and 2022, and the results of its operations and its cash flows for each of the two years in the period ended December31, 2023, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit we are required to obtain an understanding of internal control over financial reporting but not