Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 874

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 874
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 of the Company or any Subsidiary, taken as a whole, (ii) materially and adversely affects the business, properties, assets, liabilities, operations (including results thereof) or condition (financial or otherwise) of the Company or any Subsidiary, taken as a whole, (iii) materially and adversely affects the transactions contemplated hereby or in any of the other Transaction Documents or any other agreements or instruments to be entered into in connection herewith or therewith or (iv) a reasonable person would determine substantially threatens the Company’s ability to continue to function as a going concern. For the avoidance of doubt, any fluctuation in the price of Bitcoin shall not constitute an event described in (i), (ii) or (iii) above. (tt)“ Maturity Date ” shall mean October 19, 2025 (or, if the Public Company Date has occurred, the thirty-six month anniversary of the Public Company Date); provided, however, the Maturity Date may be extended at the option of the Holder (i) in the event that, and for so long as, an Event of Default shall have occurred and be continuing or (ii) through the date that is twenty (20) Business Days after the consummation of a Fundamental Transaction in the event that a Fundamental Transaction is publicly announced or a Change of Control Notice is delivered prior to the Maturity Date. (uu)“ New Subsidiary ” means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “ New Subsidiaries ”. (vv)“ Options ” means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities. (ww)“ Parent Entity ” of a Person means an entity that, directly or indirectly, controls the applicable Person and whose common stock or equivalent equity security is quoted or listed on an Eligible Market, or, if there is more than one such Person or Parent Entity, the Person or Parent Entity with the largest public market capitalization as of the date of consummation of the Fundamental Transaction. (xx)“ Permitted Credit Card Indebtedness ” means Indebtedness, arising pursuant to a credit card accounts receivable fact