{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-090808","form_type":"8-K","ticker":"FLD","cik":"0001889123","company_name":"Fold Holdings, Inc.","filed_at":"2024-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.262276+00:00","generated_at":"2026-05-30T10:08:33.084406+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"FTAC Emerald secures up to $2M promissory note from sponsor affiliate, $65K drawn","bullets":["Non-interest-bearing note from Frontier SPV, LLC (affiliate of sponsor) with $2M maximum principal.","Initial draw of $65,000 on October 25, 2024; entire principal due upon consummation of initial business combination.","If no business combination occurs, repayment is limited to funds outside trust; unpaid balance is forgiven.","Note holders waive all claims against trust account; no conversion into equity or warrants.","Loan supports working capital while SPAC pursues proposed merger with Fold, Inc."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-090808","json":"https://secwatch.observer/filing/0001213900-24-090808.json","markdown":"https://secwatch.observer/filing/0001213900-24-090808.md","text":"https://secwatch.observer/filing/0001213900-24-090808.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1889123/000121390024090808/0001213900-24-090808-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1889123/000121390024090808/ea0218679-8k425_ftac.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:08:33.084406+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}