Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 399

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 399
---
 cannot assure you that Emerald ESG Sponsor, LLC will be able to satisfy those obligations. Emerald believes the likelihood of Emerald ESG Sponsor, LLC having to indemnify the Trust Account is limited because Emerald endeavors to have all third parties that provide products or services to it and prospective target businesses execute agreements waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Fold Relationships and Related Party Transactions Director and Officer Indemnification Fold’s charter and bylaws provide for indemnification and advancement of expenses for its directors and officers to the fullest extent permitted by the DGCL, subject to certain limited exceptions. Fold has entered into indemnification agreements with each of its directors. Following the Business Combination, Fold expects that these agreements will be replaced with new indemnification agreements for each director and officer of New Fold. For additional information, see “ Description of New Fold’s Securities — Limitations on Liability and Indemnification of Officers and Directors.” Voting Agreement Fold is a party to the Amended and Restated Voting Agreement, dated March23, 2021 (the “Voting Agreement”), pursuant to which certain holders of Fold Capital Stock, including entities affiliated with Thesis, Inc., which is affiliated with a member of the Fold Board, Matt Luongo, and Craft Ventures, which is affiliated with a member of the Fold Board, Brian Murray, Slow Ventures, M13 and Will Reeves, Fold’s Chief Executive Officer and a member of the Fold Board (each of which held more than 5% of Fold’s outstanding capital stock within Fold’s last fiscal year) have agreed to vote their shares of Fold Capital Stock in favor of certain matters, including with respect to the board size and the election of directors. The agreement will terminate upon completion of the Business Combination. SAFE — Related Party In May 2024, the Company entered into a SAFE with Thesis Inc., a principal shareholder and related party, with aggregate proceeds of $1.0million. Those proceeds were received in June 2024. 252

DIRECTORS AND EXECUTIVE OFFICERS AFTER THE BUSINESS COMBINATION Directors and Executive Officers Upon the consummation of the Business Combination, the business and affairs of New Fold will be managed by or under the direction of the New Fold Board, which is anticipated to have seven members. The following table sets forth the name, age and position of each of the expected directors and executive officers of New Fold upon consummation of the Business Combination.

| Name                           |     | Age* |