Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 200

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 200
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 Stockholders may receive less than $10.10 per share on the redemption of their shares. Risks Related to Redemptions Unless the context otherwise requires, all references to “we,” “us,” or “our” in this subsection refer to Emerald. If a stockholder fails to receive notice of Emerald’s offer to redeem the Public Shares in connection with the Business Combination, or fails to comply with the procedures for tendering its shares, such shares may not be redeemed. Emerald will comply with proxy rules when conducting redemptions in connection with the Business Combination. Despite Emerald’s compliance with these rules, if a stockholder fails to receive Emerald’s proxy materials, such stockholder may not become aware of the opportunity to redeem its shares. In addition, proxy materials that Emerald furnishes to the Public Stockholders in connection with the Business Combination will describe the various procedures that must be complied with in order to validly redeem Public Shares. In the event that a stockholder fails to comply with these or any other procedures, its shares may not be redeemed. Emerald does not have a specified maximum redemption threshold. The absence of such a redemption threshold may make it possible for Emerald to complete the Business Combination with which a substantial majority of Emerald’s stockholders do not agree. We may be able to consummate a business combination even though a substantial number of our Public Stockholders do not agree with the transaction and have redeemed their Public Shares. However, in no event will we redeem our Public Shares in an amount that would cause our net tangible assets to be less than $5,000,001 upon consummation of the Business Combination, and the amount that we redeem may be further limited by the terms and conditions of our initial business combination. In such case, we would not proceed with the redemption of our Public Shares and the Business Combination. If we are unable to consummate our initial business combination, Public Stockholders may be forced to wait until after the Extension Deadline before redemption from the Trust Account. If we are unable to consummate our initial business combination by the Extension Deadline, we will distribute the aggregate amount then on deposit in the Trust Account (less up to $100,000 of the net interest to pay dissolution expenses and which interest shall be net of taxes payable), pro ratato Public Stockholders by way of redemption and cease all operations except for the purposes of winding up of our affairs, as further described in this proxy statement/prospectus. Any redemption of Public Stockholders from the Trust Account shall be affected automatically by function of our Existing Charter prior