---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-003841"
form_type: "8-K"
ticker: "FLD"
cik: "0001889123"
company_name: "Fold Holdings, Inc."
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:16:15.178096+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FTAC Emerald (EMLD) flagged by Nasdaq for insufficient public holders; has 45 days to submit compliance plan

## Summary
- Received Nasdaq notice on Oct 12, 2023 for non-compliance with Listing Rule 5450(a)(2) requiring at least 400 public holders.
- The notice does not trigger immediate delisting; no current effect on listing or trading on Nasdaq Global Market.
- Company has 45 calendar days to submit a plan to regain compliance; if accepted, Nasdaq may grant up to 180 days extension.
- If plan is rejected, Company may appeal to a Nasdaq Hearings Panel.

## SEC filing metadata
- accession: 0001013762-23-003841
- form_type: 8-K
- ticker: FLD
- cik: 0001889123
- company_name: Fold Holdings, Inc.
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889123/000101376223003841/0001013762-23-003841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889123/000101376223003841/ea186723-8k_ftacemerald.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-003841
- JSON: https://secwatch.observer/filing/0001013762-23-003841.json
- Plain text: https://secwatch.observer/filing/0001013762-23-003841.txt

## Key facts
- Listing & Compliance Notices
  Fold Holdings, Inc. received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5450(a)(2)
  source text: f Listing On October 12, 2023, FTAC Emerald Acquisition Corp., a Delaware corporation (the “Company”), received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Listing Rule 5450(a)(2), which requires the Company to have at least 400 public holders for continued listing on the Nasdaq Global Market (the “Minimum Public Holders Rule”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Com
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000101376223003841/0001013762-23-003841-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.