Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 276

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 276
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24, 2026, provided that the party seeking to breach is not itself in breach of the Merger Agreement; •by either Emerald or Fold if the Emerald stockholders have not voted to approve the Advisory Organizational Documents Proposal, the Business Combination Proposal, and the Equity Incentive Plan Proposal, and the Nasdaq Proposal; •by written notice from Emerald to Fold if Fold has not provided Emerald with audited financial statements for the years ended December31, 2023 and December31, 2022, by November15, 2024; •by written notice from Emerald to Fold if the Fold stockholders do not approve the Merger Agreement due to the failure of Fold to obtain the required stockholder vote; •by written notice from Fold to Emerald if the Emerald Board shall have publicly withdrawn, modified or changed in an adverse manner its recommendation to vote in favor of the Merger and other proposals; or •by written notice from Fold to Emerald if Nasdaq ultimately determines that Emerald cannot meet its initial listing requirements following the Effective Time (other than those which by their nature are to be satisfied as of immediately following the Closing). The foregoing summary of the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the actual Merger Agreement, which is filed as Annex Ahereto, and which is incorporated by reference in this proxy statement/prospectus. Terms used herein as defined terms and not otherwise defined herein shall have the meanings ascribed to them in the Merger Agreement. 162 CERTAIN AGREEMENTS RELATED TO THE BUSINESS COMBINATION This section describes the material provisions of certain additional agreements entered into or to be entered into pursuant to or in connection with the transactions contemplated by the Merger Agreement, which are referred to as the “Transaction Documents,” but does not purport to describe all of the terms thereof. The descriptions below are qualified by reference to the actual text of these agreements. Copies of the Sponsor Share Restriction Agreement and Support Agreement are attached hereto as Annex G and Annex H, respectively. You are encouraged to read the Transaction Documents in their entirety. Sponsor Share Restriction Agreement On July 24, 2024, concurrently with the execution of the Merger Agreement, the Sponsor entered into the Sponsor Share Restriction Agreement with Emerald. Pursuant to the Sponsor Share Restriction Agreement, at the Closing, (i) all Private Placement Warrants will be forfeited and cancelled, and (ii) approximately 5.3 million of the Sponsors’ founder shares (the