Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 56

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 56
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 filings, the absence of violations, certain contracts, Emerald reports and internal controls, absence of certain changes, business activities and liabilities, litigation and proceedings, compliance with laws, the Investment Company Act, the JOBS Act, the Emerald Trust Account, the valid issuance of Emerald Common Stock as merger consideration, takeover statutes and charter provisions, Nasdaq stock market quotations, brokers and finders, registration and proxy statements, taxes, the absence of outside reliance and employees and benefit plans. Covenants and Agreements Fold has made covenants relating to, among other things, conduct of the business, inspection, no claim against the Emerald Trust Account, acquisition proposals, alternative transactions and preparation and delivery of additional financial statements Emerald has made covenants relating to, among other things, conduct of business, Trust Account proceeds and related available equity, listing, directors and officers, indemnification and insurance, approval of sole stockholder of Merger Sub, inspections of Emerald books and records by Fold, Nasdaq listing, SEC filings, exclusivity, governing documents, and stockholder litigation. Fold, Emerald and Merger Sub have made joint covenants relating to the HSR Act and other filings, preparation of the proxy statement and registration statement, stockholders’ meetings and approvals, support of transaction, notifications, publicity, extensions, tax matters, the Incentive Award Plan, the ESPP, and employment agreements. Conditions to Closing The consummation of the Business Combination is conditioned upon, among other things, (i) the approval of the holders of the requisite number of outstanding shares of Emerald Common Stock entitled to vote, who attend and vote thereupon at the special meeting, (ii) the Requisite Approval, (iii) the Registration Statement (of which this proxy statement/prospectus is a part) will have been declared effective under the Securities Act and no stop order suspending the effectiveness of the Registration Statement shall have been issued and remain in effect, and no proceedings for that purpose shall have commenced or be threatened by the SEC, (iv) all waiting periods (and any extensions thereof) under the HSR Act shall have expired or been terminated, (v) Emerald having at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51 -1(g)(1) of the Exchange Act), (vi) no governmental authority with jurisdiction over the parties with respect to the Business Combination will have issued any order or law enjoining, prohibiting or making illegal the consummation of the Business Combination, and