---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-151868"
form_type: "8-K"
ticker: "FLD"
cik: "0001889123"
company_name: "Fold Holdings, Inc."
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:28:18.718863+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FTAC Emerald completes $220M SPAC IPO; trust seeded with $222.2M

## Summary
- Priced 22,000,000 units at $10.00/unit; gross proceeds $220M.
- Private placement of 890,000 units to sponsor for $8.9M.
- Trust account holds $222.2M from IPO and private placement proceeds.
- Appointed directors: Tensie Whelan, Therese Rein, Andrew Hohns, Lisa Shalett, Mark Tercek.
- Units trade on Nasdaq under symbol EMLDU.

## SEC filing metadata
- accession: 0001104659-21-151868
- form_type: 8-K
- ticker: FLD
- cik: 0001889123
- company_name: Fold Holdings, Inc.
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/0001104659-21-151868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/tm2135875d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-151868
- JSON: https://secwatch.observer/filing/0001104659-21-151868.json
- Plain text: https://secwatch.observer/filing/0001104659-21-151868.txt

## Key facts
- Executive change
  Tensie Whelan was appointed as Director at Fold Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective as of December 14, 2021, the following individuals were appointed to the board of directors of the Company: Tensie Whelan, Therese Rein, Andrew Hohns, Lisa Shalett, and Mark Tercek.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/0001104659-21-151868-index.htm
- Executive change
  Therese Rein was appointed as Director at Fold Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective as of December 14, 2021, the following individuals were appointed to the board of directors of the Company: Tensie Whelan, Therese Rein, Andrew Hohns, Lisa Shalett, and Mark Tercek.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/0001104659-21-151868-index.htm
- Executive change
  Lisa Shalett was appointed as Director at Fold Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective as of December 14, 2021, the following individuals were appointed to the board of directors of the Company: Tensie Whelan, Therese Rein, Andrew Hohns, Lisa Shalett, and Mark Tercek.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/0001104659-21-151868-index.htm
- Executive change
  Mark Tercek was appointed as Director at Fold Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective as of December 14, 2021, the following individuals were appointed to the board of directors of the Company: Tensie Whelan, Therese Rein, Andrew Hohns, Lisa Shalett, and Mark Tercek.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/0001104659-21-151868-index.htm
- Executive change
  Andrew Hohns was appointed as Director at Fold Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: Effective as of December 14, 2021, the following individuals were appointed to the board of directors of the Company: Tensie Whelan, Therese Rein, Andrew Hohns, Lisa Shalett, and Mark Tercek.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889123/000110465921151868/0001104659-21-151868-index.htm

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