Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 537

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 537
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 of shares. The Company has not considered the effect of the warrants sold in the Public Offering and the Private Placement to purchase an aggregate of 12,922,712shares of its Class A common stock in the calculation of diluted net (loss) income per share, since their exercise is contingent upon future events. As a result, diluted net (loss) income per share of common stock is the same as basic net (loss) income per share of common stock. The redemption feature for the common shares equals fair value, and therefore does not create a different class of shares or require an adjustment to the earnings per share calculation. The redemption at fair value does not represent an economic benefit to the holders that is different from what is received by other stockholders, because the shares could be sold on the open market. Accretion associated with the redeemable shares of Class A common stock is excluded from earnings per share as the redemption value approximates the fair value. The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net (loss) income per share for each class of common stock:

| Basic and diluted net (loss) income per share of common stock: 
 Numerator:                                                     |     | For the Three Months Ended September 30 
 2024                                    
 Class A                                 |            |   |     | Class B |   |     | 2023    
 Class A |            |     | Class B |           |     | For the Nine Months Ended September 30 
 2024                                   
 Class A                                |            |   |     | Class B |   |     | 2023    
 Class A |            |     | Class B |           |
|:---------------------------------------------------------------|:----|:----------------------------------------|-----------:|:--|:----|:--------|:--|:----|:--------|-----------:|:----|:--------|----------:|:----|:---------------------------------------|-----------:|:--|:----|:--------|:--|:----|:--------|-----------:|:----|:--------|----------:|
| Allocation of net (loss) income                                |     | $                                       |   (397,026 | ) |     | $       | — |     | $       |    934,889 |     | $       |   271,701 |     | $                                      | (1,444,875 | ) |     | $       | — |     | $       |  3,186,134 |