IPO - FTAC Emerald Acquisition Corp.

Form Type: S-1

Filing Date: 2025-04-01

Corporate Action: Ipo

Type: New

Accession Number: 000121390025026537

Filing Summary: Fold Holdings, Inc. is registering to offer its common stock and warrants as part of a business combination with Legacy Fold. This document is a registration statement under the Securities Act of 1933 and is filed with the SEC, providing details about the proposed sale of 49,161,055 shares of common stock and 925,590 warrants. The business combination was finalized on February 14, 2025, when a merger occurred between Emerald and Legacy Fold, thus creating Fold Holdings, Inc. The prospectus highlights the provision for selling securityholders to sell shares from previous funding rounds, including a significant transaction involving an equity investment from the Polar Multi-Strategy Master Fund. The company is identified as an emerging growth company and must comply with reduced public company reporting requirements. It emphasizes important financial risks associated with Bitcoin volatility and competitive factors within the financial services industry, affecting profitability and operational sustainability.

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