Company: FLDDW
Filing Date: 2025-01-22
Form Type: S-4/A
Source: 0001213900-25-005202
Chunk: 36

Company: Fold Holdings, Inc.
Filing Date: 2025-01-22
Form: S-4/A
Chunk 36
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 to New Fold do not take into account (i) the issuance of any additional shares upon the closing of the Business Combination under the Incentive Award Plan or ESPP, (ii) any exercise of Public Warrants or Private Placement Warrants to purchase New Fold Common Stock that will be outstanding immediately following the Effective Time, or 12 (iii) any shares of New Fold Common Stock covered by converted Fold RSU Awards. The presentation set forth above also does not give effect to any performance vesting provisions applicable to any of the Emerald Class A Common Stock held by the Sponsor. The numbers of shares and percentage interests set forth above have been presented for illustrative purposes only and do not necessarily reflect what New Fold’s share ownership will be upon completion of the Business Combination. See the section entitled “ Unaudited Pro Forma Condensed Combined Financial Information.” Q.Who will be the officers and directors of Emerald if the Business Combination is consummated? A.Immediately following the consummation of the Business Combination, the New Fold Board will be comprised of seven members, including Will Reeves, Bracebridge H. Young Jr., Andrew Hohns, Jonathan Kirkwood, Lesley Goldwasser, Kirstin Hill and Erez Simha. Immediately following the consummation of the Business Combination, we expect that the executive officers of New Fold will be: Will Reeves, Chief Executive Officer, Wolfe Repass, Chief Financial Officer, Nicolleta Goncalves, Vice President of Risk and Compliance, and Thomas Dickman, Chief Technology Officer. Q.What conditions must be satisfied to complete the Business Combination? A.There are a number of closing conditions in the Merger Agreement, including that Emerald’s stockholders have approved and adopted the Merger Agreement. For a summary of the conditions that must be satisfied or waived prior to completion of the Business Combination, see the section entitled “ The Merger Agreement — Conditions to Closing of the Merger Agreement.” Q.What happens if I sell my shares of Emerald Class A Common Stock before the special meeting? A.The Record Date for the special meeting will be earlier than the date the Business Combination is expected to be completed. If you transfer your shares of Emerald Class A Common Stock after the Record Date, but before the special meeting, unless the transferee obtains from you a proxy to vote those shares, you will retain your right to vote at the special meeting. Q.Is the approval of Fold stockholders required to complete the Business Combination? A.Yes. In accordance with the terms of the Merger Agreement, within three