M&A
confidence high
sentiment neutral
materiality 0.85
Fold Holdings completes de-SPAC merger; Nasdaq listing expected Feb 19
Fold Holdings, Inc.
- Business combination closed Feb 14, 2025; company renamed Fold Holdings, Inc.
- 3,304,183 shares redeemed at ~$11.07/share ($36.6M); $14.1M used for expenses; $799k retained.
- Post-closing shares outstanding: 46,138,876; legacy Fold shares converted at ~0.825 ratio.
- Common stock and warrants to trade on Nasdaq under 'FLD' and 'FLDDW' starting Feb 19.
- Lock-up agreements end Aug 14, 2025; registration rights agreement requires filing within 20 business days.