Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 420

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 420
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 of such class or classes or series. Anti-takeover Effects of the Proposed Charter and the Proposed Bylaws The Proposed Charter or the Proposed Bylaws contain provisions that may delay, defer or discourage another party from acquiring control of us. We expect that these provisions, which are summarized above, will discourage coercive takeover practices or inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of us to first negotiate with the New Fold Board, which we believe may result in an improvement of the terms of any such acquisition in favor of our stockholders. However, they also give the New Fold Board the power to discourage acquisitions that some stockholders may favor. See “ Risk Factors,” above for more information regarding certain anti -takeoverprovisions. Authorized but Unissued Capital Stock Delaware law does not require stockholder approval for any issuance of authorized shares. However, the listing requirements of the Nasdaq, which would apply if and so long as New Fold Common Stock (or warrants) remains listed on the Nasdaq, require stockholder approval of certain issuances equal to or exceeding 20% of the then outstanding voting power or then outstanding number of shares of New Fold Common Stock. Additional shares that may be issued in the future may be used for a variety of corporate purposes, including future public offerings, to raise additional capital or to facilitate acquisitions. One of the effects of the existence of unissued and unreserved common stock may be to enable the New Fold Board to issue shares to persons friendly to current management, which issuance could render more difficult or discourage an attempt to obtain control of New Fold by means of a merger, tender offer, proxy contest or otherwise and thereby protect the continuity of management and possibly deprive stockholders of opportunities to sell their shares of New Fold Common Stock at prices higher than prevailing market prices. 263 Special Meeting, Action by Written Consent and Advance Notice Requirements for Stockholder Proposals Unless otherwise required by law, and subject to the rights, if any, of the holders of any one or more series of New Fold preferred stock, special meetings of the stockholders of New Fold, for any purpose or purposes, may be called only by (a) the Chairperson of the New Fold Board, (b) the Chief Executive Officer, (c) the New Fold Board or (d) the President. Unless otherwise required by law, written notice of a special meeting of stockholders, stating the place, date and time of the meeting, the means of remote communication by which stockholders and proxy holders may be deemed