Company: FLDDW
Filing Date: 2025-07-28
Form Type: S-1/A
Source: 0001213900-25-068264
Chunk: 310

Company: Fold Holdings, Inc.
Filing Date: 2025-07-28
Form: S-1/A
Chunk 310
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                              |     | $ | 550,000 |

Merger Agreement

On July 24, 2024, the Company and Fold, Inc. announced that they have entered into an Agreement and Plan of Merger by and among the Company, EMLD Merger Sub Inc., a wholly-owned subsidiary of the Company, and Fold, pursuant to which, among other things, Merger Sub will be merged with and into Fold with Fold surviving the merger as a wholly-owned subsidiary of the Company.

As a result of the Transactions, Fold will become a subsidiary of the Company, with the former stockholders of Fold becoming stockholders of the Company.

Consideration

The aggregate consideration to be paid in the Transactions will consist of shares of the Company’s Class A common stock based on Fold’s pre-money equity value of $ million. In the event the 60-volume weighted average price of Bitcoin as of the day immediately prior to the closing of the Merger (the “Closing”) is greater than $, the aggregated consideration to be paid in the Transactions will be increased by % of the increase in value of the amount of Bitcoin in Fold’s treasury as of July 24, 2024, up to a maximum of $ million. There are no other adjustments to the consideration amount contemplated in the Merger Agreement.

For a description of the Business Combination and certain agreements executed in connection therewith, see the Current Report on Form 8-K filed by the Company on July 24, 2024 and February 14, 2025.

NOTE 6. STOCKHOLDERS’ DEFICIT Preferred Stock The Company is authorized to issue 1,000,000shares of preferred stock with a par value of $ 0.0001per share. As of December 31, 2024 and 2023, there were noshares of preferred stock issued or outstanding. Class A Common Stock The Company is authorized to issue 42,000,000shares of Class A common stock with a par value of $ 0.0001per share. Holders of Class A common stock are entitled to one vote for each share. Following the Meeting on September 19, 2023, the Sponsor determined to convert all the outstanding shares of Class B common stock into shares of Class A common stock on a one -for-onebasis (the “Class B Conversion”). Notwithstanding the Class B

F-50 FOLD HOLDINGS, INC.
(F/K/A FTAC EMERALD ACQUISITION CORP.)
NOTES