Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 295

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 295
---
 the same effect as a vote “AGAINST” the Organizational Documents Proposal. Recommendation of the Emerald Board THE EMERALD BOARD UNANIMOUSLY RECOMMENDS THAT EMERALD STOCKHOLDERS
VOTE “FOR” THE APPROVAL OF THE ORGANIZATIONAL DOCUMENTS PROPOSAL. 176

PROPOSALS NO. 3 — THE ADVISORY ORGANIZATIONAL DOCUMENTS PROPOSALS If the Organizational Documents Proposal is approved and the Business Combination is to be consummated, New Fold will adopt the proposed organizational documents under the DGCL. As required by SEC guidance to give stockholders the opportunity to present their separate views on important corporate governance provisions, Emerald is requesting that its stockholders vote upon, on a non -bindingadvisory basis, the Advisory Organizational Documents Proposals, which are separately being presented in accordance with SEC guidance and which will be voted upon on a non -bindingadvisory basis. This separate vote is not otherwise required by Delaware law separate and apart from the Organizational Documents Proposal. However, the stockholder vote regarding each of the Advisory Organizational Documents Proposals is an advisory vote, and is not binding on Emerald or the Emerald Board (separate and apart from the approval of the Organizational Documents Proposal). Furthermore, the Business Combination is not conditioned on the separate approval of the Advisory Organizational Documents Proposals (separate and apart from approval of the Organizational Documents Proposal). Accordingly, regardless of the outcome of the non -bindingadvisory vote on the Advisory Organizational Documents Proposals, Emerald intends that the Proposed Charter and the Proposed Bylaws will take effect upon the effectiveness of the Business Combination (assuming approval of the Organizational Documents Proposal). Emerald stockholders will be asked to approve, on a non -bindingadvisory basis, the material differences between the Proposed Charter and the Existing Charter, which are set forth in the following summary table. This summary is qualified by reference to the complete text of the Proposed Charter, a copy of which is attached to this proxy statement/prospectus as Annex B.All stockholders are encouraged to read the Proposed Charter in its entirety for a more complete description of its terms.

|                                                                                   |     | Existing Charter/Existing Bylaws                                                                                                                                                                                                                                                                                                                                                                                                                        |     | Proposed Charter/Proposed Bylaws                                                                                                                                                                                                                                            |
| Number of Authorized Shares (Proposal 3A)                                         |     | The Existing Charter provides that                                                                                                                                                                                                                                                                                                                                                                                                                      
 the total number of authorized                                                                                                                                                                                                                                                                                                                                                                                                                          
 shares of all classes