Company: FLDDW
Filing Date: 2025-07-11
Form Type: S-1
Source: 0001213900-25-062935
Chunk: 111

Company: Fold Holdings, Inc.
Filing Date: 2025-07-11
Form: S-1
Chunk 111
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 Advance Notice, the Company must select either a Regular Purchase Pricing Period or an Accelerated Purchase Pricing Period (each as defined in the Facility), with the (i) price per Advance Share during a Regular Purchase Pricing Period being ninety -sevenpercent (97%) multiplied by (A) if no Excluded Day exists during the relevant Pricing Period, then the lowest Daily VWAP of the Common Stock during the relevant Pricing Period; (B) if an Excluded Day exists during the relevant Pricing Period, then the lower of (1) the lowest price the Common Stock traded during the relevant Pricing Period, and (2) the lowest Daily VWAP of the Common Stock during the relevant Pricing Period (the Pricing Period includes any Excluded Day during the relevant Pricing Period); and (ii) the price per Advance Share during an Accelerated Purchase Pricing Period being ninety -twopercent (92%) multiplied by the Daily VWAP or Hourly VWAP, as applicable, of the Common Stock during the applicable Pricing Period (as each such term is defined in the Facility). The Company may also specify a minimum acceptable price per Advance Share in each Advance Notice that it delivers to SZOP. The Company will control the timing and amount of any sales of Advance Shares to SZOP. Actual sales of Advance Shares under the Facility will depend on a variety of factors to be determined by the Company from time to time, which may include, without limitation, market conditions, the trading price of the Common Stock and determinations by the Company as to the appropriate sources of funding for its business and operational needs. The net proceeds under the Facility to the Company will depend on the frequency and prices at which the Company sells Advance Shares to SZOP. SZOP will not be required to subscribe for any Advance Shares under the Facility which, when aggregated with all other Shares then beneficially owned by SZOP and its affiliates (as calculated pursuant to Section 13(d) of the Exchange Act, and Rule 13d -3promulgated thereunder), would result in the beneficial ownership by SZOP and its affiliates to exceed 9.99% of the outstanding voting power or number of the Common Stock. As of July8, 2025, SZOP beneficially owned no shares of our Common Stock. The Facility contains customary representations, warranties, conditions and indemnification obligations of the parties. The representations, warranties and covenants contained in such agreement were made only for purposes of such agreements and as of specific dates, were solely for the benefit of the parties to such agreement and may