Company: FLDDW
Filing Date: 2025-07-28
Form Type: S-1/A
Source: 0001213900-25-068264
Chunk: 356

Company: Fold Holdings, Inc.
Filing Date: 2025-07-28
Form: S-1/A
Chunk 356
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 to indemnify our directors and officers for some expenses, including attorneys’ fees, judgments, fines and settlement amounts incurred by a director or officer in any action or proceeding arising out of his or her service as one of our directors or officers, or any of our subsidiaries or any other company or enterprise to which the person provides services at our request. We maintain a general liability insurance policy that covers certain liabilities of directors and officers of our corporation arising out of claims based on acts or omissions in their capacities as directors or officers. In any underwriting agreement we enter into in connection with the sale of Common Stock being registered hereby, the underwriters will agree to indemnify, under certain conditions, us, our directors, our officers and persons who control us within the meaning of the Securities Act against certain liabilities. Item 15. Recent Sales of Unregistered Securities. Set forth below is information regarding shares of capital stock issued by us within the past three years. Also included is the consideration received by us for such shares and information relating to the section of the Securities Act, or rule of the Securities and Exchange Commission, under which exemption from registration was claimed. (a) Subscription Agreement On January 3, 2024, Fold entered into that certain Subscription Agreement (the “Polar Subscription Agreement”) between Fold and Polar Multi -StrategyMaster Fund (“Polar”) pursuant to which Polar agreed to contribute up to $550,000 (the “Polar Contribution”) which shall be repaid upon the closing of the Business Combination in cash or in shares of the Common Stock of Fold, at a rate of 1.0share for each ten dollars ($10.00). In addition to the repayment of the Polar Contribution in shares or cash (as described in the preceding sentence), Fold agreed to issue 1.0share of the Common Stock of Fold for each dollar the Polar Contribution funded as of or prior to the closing of Business Combination. Upon certain events of default under the Polar Subscription Agreement, Fold agreed to issue to Polar an additional 0.1shares of the Common Stock of Fold for each dollar of the Polar Contribution funded as of the date of such default, and for each month thereafter until such default is cured, subject to certain limitations provided for therein. (b) Senior Secured Convertible Promissory Note and Securities Purchase Agreement. On December 24, 2024, Fold entered into that certain Securities Purchase Agreement (the “SVP SPA”) between Fold and an institutional investor (the “Investor”) pursuant to which the Investor purchased