Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 360

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 360
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    |     |   | (4,482,892 | ) |
| Net cash provided by financing activities |     |              |    500,000 |      |     |   |  6,978,125 |   |
| Net (decrease) increase in cash           |     | $            | (3,861,227 | )    |     | $ |  1,003,262 |   |

Cash flows from operating activities For the year ended December 31, 2023, cash used in operating activities was $0.6 million, primarily due to the net loss of $7.2 million, offset by an increase in cash from net working capital of $4.9 million and an adjustment to the net loss of non -cashincome and expense totaling $1.7 million. For the year ended December 31, 2022, cash used in operating activities was $1.5 million, primarily due to the net loss of $12.0 million, offset by an increase in cash from net working capital of $7.8 million and an adjustment to the net loss of non -cashincome and expense totaling $2.7 million. Cash flows from investing activities Cash flows used in investing activities decreased $0.8million from the year ended December 31, 2022 to the year ended December 31, 2023 by, primarily due to less purchases of bitcoin to satisfy customer rewards. Cash flows from financing activities For the years ended December 31, 2023 and 2022, cash provided by financing activities was $0.5 million and $7.0 million, respectively, primarily due to proceeds from SAFE financings. Unaudited Cash Flow Activities For the nine months ended September 30, 2024 and 2023 The following table summarizes our cash flow activities:

|                                           |     | Nine Months Ended 
 September 30,     |       2024 |   |     |   |       2023 |   |
|:------------------------------------------|:----|:------------------|-----------:|:--|:----|:--|-----------:|:--|
| Net cash used in operating activities     |     | $                 | (3,393,225 | ) |     | $ |   (224,313 | ) |
| Net cash used in investing activities     |     |                   | (1,711,247 | ) |     |   | (3,150,619 | ) |
| Net cash