Fold to go public via merger with SPAC FTAC Emerald at $365M pre-money valuation

Fold Holdings, Inc.

Pre-money equity valuation of $365M; Fold stockholders expected to own ~71% of combined company.
Fold holds over 1,000 BTC in treasury; has distributed over $45M in bitcoin rewards since 2019.
Transaction expected to close in Q4 2024, subject to regulatory and stockholder approvals.
Existing Fold stockholders subject to 6-month lock-up; early release if stock price >$12 for 20 of 30 trading days after 90 days post-close.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.