Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 538

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 538
---
 an amendment (the “Trust Amendment”) to the Company’s Investment Management Trust Agreement dated December 15, 2021, with Continental Stock Transfer & Trust Company, as trustee (the “Trust Agreement”), to allow the trustee to liquidate the Trust Account established in connection with the IPO at such time as may be determined by the Company as set forth in the Charter Amendment. In connection with the Meeting the holders of 9,239,192shares of redeemable Class A common stock exercised their right to redeem their shares for cash at a redemption price of approximately $ 10.4762per share, for an aggregate redemption amount of approximately $ 96,791,644. Following the redemptions, 15,630,150shares of redeemable Class A common stock remained outstanding. Between September 7 and 15, 2023, the Company entered into non -redemptionagreements with unaffiliated third parties in exchange for each such party agreeing not to redeem public shares in connection with the Meeting. In exchange for the foregoing commitments not to redeem public shares, the Company has agreed to issue or cause to be issued an aggregate of 1,610,000shares of Class A common stock at the time of the Company’s initial business combination (“Investor Shares”). On January 19, 2024, the Company held a special meeting of its stockholders (the “January Meeting”) at which the Company’s stockholders approved (A) an amendment (the “January Charter Amendment”) to the Company’s Second Amended and Restated Certificate of Incorporation to extend the date by which the Company has to consummate its initial business combination from January 19, 2024 to December 20, 2024 (or such earlier date as determined by the Company’s Board of Directors); and (B) an amendment (the “January Trust Amendment”) to the Trust Agreement to allow the trustee to liquidate the Trust Account established in connection with the IPO at such time as may be determined by the Company as set forth in the January Charter Amendment. In connection with the January Meeting the holders of 10,872,266shares of redeemable Class A common stock exercised their right to redeem their shares for cash at a redemption price of approximately $ 10.6224per share, for an aggregate redemption amount of approximately $ 115,489,643. Following the redemptions, 4,757,884shares of redeemable Class A common stock remain outstanding. Between January 9 and17, 2024,