Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 940

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 940
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Item
5.  MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Market Information

Our units commenced public
trading on December 16, 2021. Upon closing of the Business Combination, any units that had not already separated were separated into their
component parts and ceased trading.

Our Class A common stock and
warrants commenced separate trading on February 7, 2022. Following the closing of the Business Combination, we reclassified our Class
A common stock as common stock.

Our common stock and warrants
are each currently listed on Nasdaq under the symbols FLD and FLDDW, respectively.

Holders

As of the Closing, the Company
had 46,138,876 shares of Common Stock issued and outstanding held of record by 77 holders, no shares of preferred stock outstanding and
12,434,671 warrants outstanding held of record by one holder. Such amounts do not include DTC participants or beneficial owners holding
shares through nominee names.

Dividends

We have not paid any cash
dividends on our common stock to date. Subject to applicable law, the rights and preferences of the holders of our preferred stock and
any other provisions of our Charter, as it may be amended from time to time, holders of our common stock will be entitled to receive such
dividends and other distributions in cash, stock or property of the Company when, as and if declared thereon by the Board, in its discretion,
from time to time out of assets or funds of the Company legally available therefor. 

Securities Authorized for Issuance Under Equity
Compensation Plans

As of December 31, 2024, FLD had no securities authorized for issuance
under equity compensation plans. In connection with the Business Combination, the Company adopted the Incentive Award Plan and the ESPP,
each of which became effective on the date of the Closing.

Recent Sales of Unregistered Securities and
Use of Proceeds

Unregistered Sales of Equity Securities

On December 20, 2021 and January
14, 2022, we sold 890,000 and 86,081 placement units, respectively, in the private placement for an aggregate purchase price of $9,760,810,
or $10.00 per unit, to our sponsor pursuant to an exemption from registration contained in Section 4(a)(2) of the Securities Act.