Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 170

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 170
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| ● | Class II, consisting of Dr. Kirkwood and Mr. Reeves, whose terms will expire at our second annual meeting 
 of stockholders to be held after the closing of Business Combination; and                                 |

| ● | Class III, consisting of Mr. Simha, Ms. Hill and Ms. Goldwasser, whose terms will expire at our third 
 annual meeting of stockholders to be held after the closing of Business Combination.                  |

At each annual meeting of stockholders
to be held after the initial classification, the successors to directors whose terms then expire will be elected to serve from the time
of election and qualification until the third annual meeting following their election and until their successors are duly elected and
qualified, or their earlier resignation, removal, disqualification or death. This classification of the Board may have the effect of delaying
or preventing changes in our control or management. Our directors may be removed for cause by the affirmative vote of the holders of at
least 66 2/3% of our voting stock.

Role of the Board in
Risk Oversight/Risk Committee

One of the key functions of the
Board is informed oversight of our risk management process. The Board does not have a standing risk management committee, but rather administers
this oversight function directly through the Board as a whole, as well as through various standing committees of the Board that address
risks inherent in their respective areas of oversight. In particular, the Board is responsible for monitoring and assessing strategic
risk exposure and the audit committee has the responsibility to consider and discuss our major financial risk exposures and the steps
management will take to monitor and control such exposures, including guidelines and policies to govern the process by which risk assessment
and management is undertaken. The audit committee also monitors compliance with legal and regulatory requirements. Our compensation committee
assesses and monitors whether our compensation plans, policies and programs comply with applicable legal and regulatory requirements.

Board Committees

The Board has established an
audit committee, a compensation committee and a nominating and corporate governance committee. The Board has adopted a charter for each
of these committees, which comply with the applicable requirements of current Nasdaq rules. In addition, from time to time, special committees
may be established under the direction of the Board when the board deems it necessary or advisable to address specific issues. We intend
to comply with future requirements to the extent applicable to us. Copies of the charters for each committee are available on the investor
relations portion of our website, https://foldapp.com