leadership
confidence high
sentiment neutral
materiality 0.15
Fold Holdings enters severance with ex-VP of Risk Nicolleta Goncalves; $36,667 lump sum
Fold Holdings, Inc.
- Severance agreement dated July 22, 2025 provides $36,666.66 lump sum (two months base salary) minus withholdings.
- Company will pay one month of COBRA premium for August 2025.
- Goncalves signed general release of claims and 12-month non-solicit of employees and service providers.
- Restrictive covenants include nondisclosure of confidential information and non-disparagement of the company.
- Severance conditioned on return of company property and compliance with all covenants.
item 5.02item 9.01