Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 61

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 61
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 have been converted to restricted stock units covering shares of New Fold Common Stock as of the Effective Time; •the shares to be issued to Fold stockholders do not account for the issuance of any additional shares following the closing of the Business Combination under the Incentive Award Plan and ESPP; •no exercise of Emerald Warrants; and •no issuance of additional securities by Emerald prior to the Effective Time. If any of these assumptions are not correct, these percentages will be different. For purposes of the table: • Assuming minimum redemption scenario:This presentation assumes that no Public Stockholders exercise redemption rights with respect to their Public Shares in addition to any redemptions that have occurred subsequent to September30, 2024. • Assuming 25% redemption scenario:This scenario assumes that 1.2million Public Shares are redeemed for an aggregate redemption payment of approximately $13.1million. • Assuming maximum redemption scenario:This scenario assumes that 3.6million Public Shares are redeemed for an aggregate redemption payment of approximately $39.4 million. This maximum redemption scenario reflects the maximum number of the Emerald’s Public Shares that can be redeemed without violating the conditions of the Merger Agreement that Emerald cannot redeem Public Shares if it would result in Emerald having a minimum net tangible asset value of less than $5,000,001, after giving effect to the payments to redeeming shareholders.

|                                                              |     |    Assuming 
     Minimum 
 Redemptions |     |            |   |     |    Assuming 
         25% 
 Redemptions |     |            |     |    Assuming 
     Maximum 
 Redemptions |     |            |   |
|                                                              |     |      Shares |     | Percentage |   |     |      Shares |     | Percentage |     |      Shares |     | Percentage |   |
| Fold Stockholders                                            |     |  34,548,507 |     |       70.5 | % |     |  34,548,507 |     | 72.3%      |     |  34,548,507 |     |       76.4 | % |
| Emerald Public Stockholders                                  |     |   4,645,816 |     |        9.6 | % |     |   3,456,345 |     | 7.3%       |     |   1,071,507 |     |        2.4 | % |
| Sponsor and related parties(1)                               |     |