Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 277

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 277
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 effect. We cannot assure you that a change in law will not significantly alter the tax considerations that we describe in this summary. We have not sought any ruling from the IRS with respect to the statements made and the conclusions reached in the following summary, and there can be no assurance that the IRS or a court will agree with such statements and conclusions. This summary does not address the Medicare tax on certain investment income, the alternative minimum tax, U.S. federal estate or gift tax laws, any state, local or any non -U.S. tax laws. In addition, this discussion does not address all U.S. federal income tax considerations that may be important to a particular holder in light of the holder’s circumstances, or to certain categories of investors that may be subject to special rules, such as: •our Sponsor, officers, directors or other holders of our Class B Common Stock or Private Placement Units; •banks or other financial institutions; •tax -exemptentities; •insurance companies; •dealers in securities or foreign currencies; •traders in securities subject to a mark -to -marketmethod of accounting for U.S. federal income tax purposes; •subchapter S corporations, partnerships or other pass -throughentities for U.S. federal income tax purposes or holders of interests therein; •regulated investment companies, mutual funds or real estate investment trusts; •“controlled foreign corporations” or “passive foreign investment companies”; •persons that acquired Emerald Public Shares or New Fold Common Stock through the exercise of employee stock options or otherwise as compensation or through a tax -qualifiedretirement plan; •U.S. Holders whose functional currency is not the U.S. dollar; 165 •U.S. Holders that hold New Fold Common Stock or Emerald Public Shares in connection with a trade or business conducted outside of the U.S.; •former citizens or residents of the United States; •persons that hold New Fold Common Stock or Emerald Public Shares as part of a straddle, hedge, integrated transaction or similar transaction; or •persons who own five percent or more (by vote or value) of Emerald Public Shares or New Fold Common Stock. For purposes of this discussion, a “U.S. Holder” is a beneficial owner of New Fold Common Stock or Emerald Public Shares, that is, for U.S. federal income tax purposes: •an individual who is a citizen or resident of the United States; •a corporation or other entity treated as a corporation and organized in or under the laws of the United States, any state thereof or the District