Company: FLDDW
Filing Date: 2025-05-06
Form Type: 424B3
Source: 0001213900-25-039866
Chunk: 2

Company: Fold Holdings, Inc.
Filing Date: 2025-05-06
Form: 424B3
Chunk 2
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 registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 5, 2025, Fold Holdings, Inc. (“Fold”
or the “Company”) announced the appointment of Matthew McManus as the Company’s Chief Operating Officer, effective as
of April 21, 2025. In this role, he will serve as the Company’s principal operating officer until his successor is duly elected
and qualified or until the earlier of his death, resignation or removal.

As the Chief Operating Officer of the Company,
Mr. McManus, age 36, will work with senior management to oversee Fold’s day-to-day operations and facilitate the execution of the
Company’s strategic plans. Prior to joining Fold in connection with his appointment as Chief Operating Officer, Mr. McManus worked
in various product roles at Unchained Capital, Inc. from May 2021 to April 2025, most recently as Chief Product Officer, leading the company’s
product strategy, development, and execution. Before Unchained, Mr. McManus worked with some of the world’s biggest brands, including
Twitter, Capital One, PBS & PBS KIDS, National Geographic, and Marriott. Mr. McManus earned his Bachelor of Science in Information
Science, Systems and Technology from the College of Engineering at Cornell University.

In connection with his position, it is expected
that Mr. McManus will receive an annual base salary of $360,000 plus the ability to earn a bonus of up to 50% of such base salary per
year, in each case less applicable withholdings and deductions. In addition, the Company expects to grant Mr. McManus an award of restricted
stock units covering shares of the Company’s common stock under the Company’s 2025 Incentive Award Plan with standard vesting