Company: FLDDW
Filing Date: 2025-11-25
Form Type: 424B3
Source: 0001193125-25-293909
Chunk: 2

Company: Fold Holdings, Inc.
Filing Date: 2025-11-25
Form: 424B3
Chunk 2
---
 whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

<div align='center'>-2-</div>

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on October 1, 2025, Fold, Inc., a Delaware corporation (the “ Borrower ”) and a wholly-owned subsidiary of Fold Holdings, Inc., a Delaware corporation (the “ Company ”) entered into a Master Loan Agreement (“ MLA ”) with Two Prime Lending Limited (“ Two Prime ”) pursuant to the terms of which the Borrower may, from time to time, request an advance of funds, and Two Prime may, in its sole and absolute discretion, extend or decline such advance on terms acceptable to the Borrower and Two Prime and as set forth in individually executed loan term sheets. Capitalized terms used in this Current Report on Form 8-K but not defined herein have the meanings ascribed to them in the MLA. On November 19, 2025, the Borrower and Two Prime entered into the First Master Loan Agreement Amendment (the “ MLA Amendment ”) to the MLA pursuant to which, among other things: (i) the interest rate increased from 6.5% per annum to 8.5% per annum; (ii) the Initial Collateral Level decreased from 250% to 160%; (iii) the Collateral Call Level decreased from 175% to 135%; (iv) the Liquidation Level decreased from 150% to 115%; (v) the Collateral Refund Level decreased from 345% to 190%; and (vi) Two Prime is now permitted to grant a security interest in its rights to the Collateral in certain limited circumstances; provided, however, that no such counterparty shall have any right to access the Collateral unless and until an Event of Default under the Loan Documents has occurred and is continuing beyond any applicable notice and cure period. The foregoing description of the MLA Amendment does not purport to be complete and is subject