Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 854

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 854
---
 a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Company to the Holder and thus refunded to the Company. 32. CERTAIN DEFINITIONS . For purposes of this Note, the following terms shall have the following meanings: (a)“ 1933 Act ” means the Securities Act of 1933, as amended, and the rules and regulations thereunder. (b)“ 1934 Act ” means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. (c)“ Additional Notes ” means this Note, the Other Notes, and any prospective future issuance of senior secured convertible notes designated by the Buyer and the Company, jointly in writing, as an “Additional Note”. Annex I-29 (d)“ Adjustment Right ” means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 7) of shares of Common Stock (other than rights of the type described in Section 6(a) hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights). (e)“ Affiliate ” means, with respect to any Person, any other Person that directly or indirectly controls, is controlled by, or is under common control with, such Person, it being understood for purposes of this definition that “control” of a Person means the power directly or indirectly either to vote 10% or more of the stock having ordinary voting power for the election of directors of such Person or direct or cause the direction of the management and policies of such Person whether by contract or otherwise. (f)“ Alternate Conversion Price ” means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, (ii) 95% of the lowest VWAP of the Common Stock during the seven (7) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice (such period, the “ Alternate Conversion Measuring Period ”). All such determinations to