Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 279

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 279
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 part of a straddle, hedge, integrated transaction or similar transaction; or •persons who own five percent or more (by vote or value) of Emerald Public Shares or New Fold Common Stock. For purposes of this discussion, a “U.S. Holder” is a beneficial owner of New Fold Common Stock or Emerald Public Shares, that is, for U.S. federal income tax purposes: •an individual who is a citizen or resident of the United States; •a corporation or other entity treated as a corporation and organized in or under the laws of the United States, any state thereof or the District of Columbia; •an estate the income of which is includible in gross income for U.S. federal income tax purposes regardless of its source; •a trust (A) the administration of which is subject to the primary supervision of a U.S. court and which has one or more United States persons who have the authority to control all substantial decisions of the trust or (B) that has made a valid election under applicable U.S. Treasury regulations to be treated as a United States person. A “Non -U.S. Holder” is a beneficial owner of New Fold Common Stock or Emerald Public Shares who is or that is, for U.S. federal income tax purposes, an individual, corporation, estate or trust that is not a U.S. Holder. If an entity or arrangement treated as a partnership for U.S. federal income tax purposes or other pass -throughentity holds New Fold Common Stock or Emerald Public Shares, the U.S. federal income tax treatment of a partner in the partnership or equityholder in the pass -throughentity will depend upon the status of the partner or equityholder, upon the activities of the partnership or other pass -throughentity and upon certain determinations made at the partner or equityholder level. Accordingly, we urge partners in entities or arrangements treated as partnerships for U.S. federal income tax purposes and equityholders in such other pass -throughentities holding New Fold Common Stock or Emerald Public Shares to consult their tax advisors regarding the U.S. federal income tax considerations of the exercise by such partnerships or other pass -throughentities of their redemption rights in connection with the Merger. The following discussion is for general information purposes only and does not purport to discuss all of the U.S. federal income tax considerations or such considerations as may be applicable to a U.S. Holder’s particular circumstances. You are urged to consult with your tax advisor as to the tax considerations of the Merger, the ownership and disposition of New Fold Common