Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 408

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 408
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 aggregate could be significant to New Fold’s financial statements or the independent auditor’s report, reviewing management’s response, and resolving any other conflicts or disagreements regarding financial reporting; •considering and reviewing with management, the independent auditors, and outside advisors or accountants any correspondence with regulators or governmental agencies and any published reports that raise material issues regarding New Fold’s financial statements or accounting policies; •reviewing with management legal and regulatory compliance and any material current, pending or threatened legal matters; and •reviewing and evaluating on an annual basis the performance of the audit committee and the audit committee charter. The composition and function of the audit committee will comply with all applicable requirements of the Sarbanes -OxleyAct, SEC rules and regulations and Nasdaq listing rules. Compensation Committee New Fold’s compensation committee will consist of Dr. Kirkwood and Mr.Young. Dr. Kirkwood will serve as the chair of the compensation committee. The New Fold Board is expected to determine that each of the members of the compensation committee will be a non -employeedirector, as defined in Rule 16b -3promulgated under the Exchange Act and will satisfy the independence requirements of Nasdaq. The functions of the committee will include, among other things: •reviewing and approving the corporate goals and objectives that pertain to New Fold’s overall compensation strategy and policies; •reviewing and approving annually the compensation and other terms of employment of New Fold’s executive officers and other members of senior management, in the compensation committee’s discretion; •reviewing and approving the type and amount of compensation to be paid or awarded to New Fold’s non -employeeboard members; •administering New Fold’s equity incentive plans and other benefit plans; •reviewing and approving the terms of any employment agreements, severance arrangements, change in control protections, indemnification agreements and any other material arrangements with New Fold’s executive officers and other members of senior management, in the compensation committee’s discretion; •reviewing and establishing appropriate insurance coverage for New Fold’s directors and officers; •reviewing and discussing with management New Fold’s disclosures under the caption “Compensation Discussion and Analysis” in New Fold’s periodic reports or proxy statements to be filed with the SEC, to the extent such caption is included in any such report or proxy statement; 258 •preparing an annual report on executive compensation that the SEC requires in New Fold’s annual proxy statement; •reviewing New Fold’s practices and policies for employee compensation as related to risk management and risk -takingincentives