Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 79

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 79
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risks relating to the uncertainty of the projected financial and operating information with respect to Fold; •Fold’s ability to raise capital; •the possibility that Emerald or Fold may be adversely affected by other economic, business and/or competitive factors; and •other risks and uncertainties described in this proxy statement/prospectus, including those under the section entitled “ Risk Factors.” 42 RISK FACTORS The following risk factors will apply to the business and operations of New Fold following the Closing. These risk factors are not exhaustive and investors are encouraged to perform their own investigation with respect to the business, prospects, financial condition and operating results of Fold and New Fold’s business, prospects, financial condition and operating results following the completion of the Business Combination. You should carefully consider the following risk factors in addition to the other information included in this proxy statement / prospectus, including matters addressed in the section entitled “Cautionary Note Regarding Forward -Looking Statements,” before deciding how to vote your shares of Emerald Common Stock. Please see the section entitled “Where You Can Find More Information” in this proxy statement / prospectus. The occurrence of one or more of the events or circumstances described in these risk factors, alone or in combination with other events or circumstances, may adversely affect the ability to complete or realize the anticipated benefits of the Business Combination, and may harm the business, cash flows, financial condition and results of operations of New Fold. Fold may face additional risks and uncertainties that are not presently known to us, or that we currently deem immaterial, which may also impair New Fold’s business, prospects, financial condition or operating results. The following discussion should be read in conjunction with the financial statements of Fold and financial statements of Emerald and notes thereto included elsewhere in this proxy statement / prospectus. Unless the context requires otherwise, references to “Fold,” “we,” “us,” “our,” and the “Company” in this section are to the business and operations of Fold prior to the Business Combination and the business and operations of New Fold as directly or indirectly affected by the Business Combination. Risks Related to Fold’s Business and Industry Our operating results have and will significantly fluctuate, including due to the highly volatile nature of Bitcoin. Our operating results are in part dependent on the broader Bitcoin economy. Due to the rapidly evolving nature of digital assets and the volatile price of Bitcoin, which has experienced and continues to experience significant volatility, our operating results have, and will continue to, fluctuate significantly from quarter to quarter in accordance with market sentiments and movements in the broader Bitcoin