Company: FLDDW
Filing Date: 2025-05-28
Form Type: 8-K/A
Source: 0000950170-25-078321
Chunk: 1

Company: Fold Holdings, Inc.
Filing Date: 2025-05-28
Form: 8-K/A
Chunk 1
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 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

<div align='center'>EXPLANATORY NOTE</div>

This Amendment No. 2 to the Current Report on Form 8-K/A is being filed with the Securities and Exchange Commission to amend the Current Report on Form 8-K filed by Fold Holdings, Inc. (the “Company”) on May 5, 2025 (the “Original Form 8-K”), as amended on May 22, 2025, to amend and supplement the disclosure under Item 5.02 of the Original Form 8-K regarding Mr. McManus’s annual base salary, bonus, and eligibility for certain payments and benefits under the Company’s Executive Severance Plan (as defined below). This Amendment No. 2 continues to speak as of the date of the Original Form 8-K, and the Company has not updated the disclosures contained therein to reflect any events that occurred at a later date.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 22, 2025, the Compensation Committee approved Mr. McManus’s annual base salary of $360,000 plus the ability to earn a bonus of up to 50% of such base salary per year, in each case less applicable withholdings and deductions. Additionally, on May 23, 2025, the Compensation Committee approved Mr. McManus’s participation in the Company’s Executive Severance Plan (the “Executive Severance Plan”).

In accordance with the terms of the Executive Severance Plan, in the event of a termination of employment by the Company without “cause” or by Mr. McManus for “good reason” (each as defined in the Executive Severance Plan) (each, a “Qualifying Termination”), Mr. McManus will be eligible to receive the following payments and benefits: (i) continued payment of Mr. McManus’s base salary for nine months following the Qualifying Termination; (ii