Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 213

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 213
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,507 |     |  76 | % |
| Total Shares at Closing                                          |     | 48,785,545 |     | 100 | % |     | 47,596,074 |     | 100 | % |     | 45,211,237 |     | 100 | % |

____________ (1)Reflects redemptions of 0.1million Class A common shares for $1.2million that occurred subsequent to September 30, 2024. (2)Includes 3.3 million shares assigned to unaffiliated third parties in exchange for executed non -redemptionagreements. (3)Includes the assumed exercise of 0.5million December 2024 Series B Warrant Shares for a nominal exercise price of $0.001 per share. The unaudited pro forma adjustments are based on information currently available, and assumptions and estimates underlying the unaudited pro forma adjustments are described in the accompanying notes. Actual results may differ materially from the assumptions used to present the accompanying unaudited pro forma condensed combined financial information. The unaudited pro forma condensed combined financial statements have been prepared for illustrative purposes only and are not necessarily indicative of what the actual results of operations and financial position would have been had the Business Combination and related transactions taken place on the dates indicated, nor do they purport to project the future consolidated results of operations or financial position of the combined company. They should be read in conjunction with the unaudited and audited financial statements and notes thereto of each of Emerald and Fold as of and for the nine months ended September 30, 2024 and the year ended December 31, 2023, respectively and included elsewhere in this proxy statement/prospectus. There were no significant intercompany balances or transactions between Emerald and Fold as of the date and for the periods of these unaudited pro forma condensed combined financial statements. Fold is currently negotiating certain employment agreements for the post -closingentity. Based on the preliminary terms, these agreements would result in an increase in compensation cost on a pro forma basis. However, as these employment agreements are preliminary and not yet executed, Emerald has not included a pro forma adjustment because such amounts are not known and are deemed not factually supportable at this time. The pro forma basic and diluted earnings per share amounts presented in the unaudited pro forma condensed combined statements of operations are based upon the number of Emerald’s common shares outstanding, assuming the Business Combination and related transactions occurred on January