Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 262

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 262
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 Fold made customary representations and warranties (which are sometimes subject to materiality and knowledge qualifiers) relating to a number of matters, including the following: organization, good standing and qualification; capital structure of Fold; corporate authority and approval and fairness; governmental filings, no violations, certain contracts, etc.; financial statements and internal controls; absence of certain changes; no undisclosed liabilities; litigation; compliance with laws and permits; employee benefits; labor matters; environmental matters; tax matters; real and personal property; intellectual property, IT assets and data privacy; insurance; company material contracts; brokers and finders; registration statement; transactions with related parties; parent common stock, Investment Company Act; no outside reliance; and no other representations or warranties. Under the Merger Agreement, Emerald and Merger Sub made customary representations and warranties (which are sometimes subject to materiality and knowledge qualifiers) relating to a number of matters, including the following: organization, good standing and qualification; capital structure of Emerald; corporate authority and approval; governmental filings, no violations and certain contracts; Emerald reports and internal controls; absence of certain changes; business activities and liabilities; litigation and proceedings; compliance with laws; Investment Company Act and JOBS Act; the Trust Account; valid issuance; takeover statutes and charter provisions; Nasdaq stock market quotation; brokers and finders; registration statement and proxy statement; taxes; no outside reliance; employees and benefit plans; and no other representations or warranties. Material Adverse Effect “Material Adverse Effect” as used in the Merger Agreement means any effect, event, development, change, state of facts, condition, circumstance or occurrence that, individually or in the aggregate with others, is or would reasonably be expected to be materially adverse to the business, assets, results of operations, and financial condition of Fold and its Subsidiaries, taken as a whole, or the ability of Fold to consummate the Transactions on a timely basis; provided, however, that no effect, event, development, change, state of facts, condition, circumstance or occurrence constituting, resulting or arising from any of the following, alone or in combination, shall be deemed to constitute, or be taken into account in determining whether a Material Adverse Effect has occurred or would reasonably be expected to occur: (A) any conditions or factors generally affecting the economy, credit, capital, securities or financial markets; (B) any conditions or factors generally affecting the industry, markets or geographical areas in which Fold and its Subsidiaries operate; (C) adverse changes in