Highest-materiality recent filing
Fold receives Nasdaq deficiency notice for bid price below $1.00 per share
Received Nasdaq letter on July 14, 2026; closing bid price below $1.00 for 30 consecutive business days.
Fold monetizes $45M in bitcoin, repays $20M debt, frees $25M for growth
Monetized approximately $45M of bitcoin at an average price of ~$71,000 per bitcoin.
Fold Holdings retracts press release announcing credit facility for credit card program
Press release issued May 27, 2026 claiming a credit facility for its credit card program has been retracted.
Fold Holdings stockholders elect two Class I directors; ratify auditor at 2026 annual meeting
Bracebridge H. Young, Jr. elected with 24,556,161 For votes; Andrew Hohns with 24,699,618 For.
Fold Q1 revenue $5.6M, down 21% YoY; net loss $29.2M; credit card at 1,000 units
Revenue $5.6M (-21.1% YoY); transaction volume $172M (-32% YoY); net loss $29.2M.
Fold Holdings begins customer rollout of Bitcoin Rewards Credit Card
Rollout of Fold Bitcoin Rewards Credit Card to top waitlist customers commenced March 2026.
Fold reports FY2025 revenue $31.8M (+34% YoY), launches Bitcoin credit card; loss per share $1.65
Full-year 2025 revenue $31.8M (+34% YoY); GAAP operating loss $27.7M; adjusted EBITDA loss $17.2M; loss per share $1.65.
Fold anticipates credit card launch in coming weeks pending third-party approvals
Fold Holdings anticipates launching a credit card in the coming weeks, subject to successful negotiation and sign-off from third-party service providers.
Fold eliminates $66.3M in convertible debt, removes 8-10M dilutive shares, releases 521 bitcoin
Extinguished two convertible notes totaling $66.3M principal; no convertible debt remains. Removes 8-10M potential dilutive shares.
Fold Holdings sets 2026 annual meeting for May 19; record date March 24
Annual meeting will be held virtually on May 19, 2026 at 12:00 p.m. ET.
Eliminating Fold+ subscriptions; prorated refunds to existing members later Q1; all customers get upgraded experience.
Fold subsidiary amends loan: rate up to 8.5%, collateral thresholds reduced
Interest rate increased from 6.5% to 8.5% per annum under MLA with Two Prime Lending.
Fold Q3 revenue $7.4M (+41% YoY), net income $0.6M, bitcoin treasury 1,526 BTC
Revenue $7.4M (+41% YoY), net income $0.6M, EPS $0.01; adjusted EBITDA loss $4.2M.
Fold Holdings enters $45M bitcoin-backed credit facility with Two Prime; 6.5% interest
Facility provides up to $45M revolving loans; first advance matures Oct 1, 2026.
Fold Holdings secures up to $45M bitcoin-backed revolving credit facility at 6.5% from Two Prime
Revolving facility with aggregate principal up to $45M; first $45M advance matures Oct 1, 2026.
Fold Holdings increases CEO base salary to $500,000 and CFO base salary to $400,000
CEO Will Reeves' base salary raised to $500,000 effective February 19, 2025.
Fold Holdings adopts annual bonus plan; CEO and CFO join executive severance plan
Annual Bonus Plan approved for 2025; CEO Will Reeves eligible for up to 80% of base salary, CFO Wolfe Repass up to 50%.
Fold Q2 revenue $8.2M (+59% YoY), net income $13.4M; Bitcoin treasury 1,492 BTC
Revenue $8.2M, +59% YoY; Net income $13.4M; EPS $0.28; Adjusted EBITDA loss $4.7M.
Fold Holdings enters severance with ex-VP of Risk Nicolleta Goncalves; $36,667 lump sum
Severance agreement dated July 22, 2025 provides $36,666.66 lump sum (two months base salary) minus withholdings.
Fold Holdings terminates VP of Risk and Compliance Nicolleta Goncalves
Nicolleta Goncalves' employment as VP of Risk and Compliance terminated on July 11, 2025.
Fold Holdings enters $250M equity purchase facility to expand bitcoin treasury
Up to $250M equity purchase facility; company has right but not obligation to issue and sell shares at its discretion.
Annual base salary of $360,000; eligible for bonus up to 50% of salary, approved May 22, 2025.
Fold Holdings grants 108,808 RSUs to COO Matt McManus; base salary $360K plus 50% bonus
Compensation Committee approved 108,808 RSUs to Matt McManus under the 2025 Incentive Award Plan.
Fold Q1 revenue $7.1M (+44% YoY); net loss $48.9M; BTC holdings up 50% to 1,490
Revenue of $7.1M, up 44% YoY; GAAP net loss $(48.9)M, or $(1.92) per share.
Fold Holdings names Matthew McManus COO, effective Apr 21; previously CPO at Unchained Capital
Matthew McManus appointed COO of Fold Holdings, effective April 21, 2025; previously CPO at Unchained Capital.
Fold Holdings changes auditor from Marcum to CBIZ after acquisition of Marcum's attest business
Marcum LLP resigned as auditor effective April 12, 2025; CBIZ CPAs P.C. engaged for FY 2025.
Fold Holdings files audited 2024 financials: net loss $65.1M, revenue $23.8M
Net loss of $65.1M for 2024 vs $7.2M in 2023; accumulated deficit reaches $101.3M.
Fold Holdings reports 2024 net loss of $65.1M on $23.8M revenue; large SAFE charges
Net loss widened to $65.1M in 2024 from $7.2M in 2023; revenue grew 10% to $23.8M.
Fold issues $46.3M convertible note at $12.50/share, secured by 500 bitcoin
Convertible note of $46.3M to SATS Credit Fund LP, conversion price $12.50, maturity March 2030.
Fold adds 475 bitcoin to treasury via convertible note at $12.50 conversion price
Added 475 BTC, a nearly 50% increase; total holdings now over 1,485 BTC.
Fold Holdings completes de-SPAC merger; Nasdaq listing expected Feb 19
Business combination closed Feb 14, 2025; company renamed Fold Holdings, Inc.
FTAC Emerald shareholders approve business combination with Fold, closing expected Feb 14
Shareholders voted 11,805,377 FOR and 7,786 AGAINST to adopt the Merger Agreement with Fold, Inc.
FTAC Emerald postpones special meeting to Feb 13 for Fold merger vote; close expected shortly after
Special meeting rescheduled to Feb 13, 2025 at 11:30 am ET; no change to proposals.
S-4 registration statement declared effective by SEC on January 23, 2025; proxy/prospectus mailed to stockholders.
FTAC Emerald Nasdaq delisting confirmed; stockholder vote extends SPAC deadline to Dec 2025
Stockholders approved extension of business combination deadline to December 20, 2025.
FTAC Emerald borrows $973K via promissory note to pay excise tax liability
Issued $973,116.44 promissory note to Frontier SPV, LLC (affiliate of sponsor) to satisfy excise tax.
FTAC Emerald secures up to $2M promissory note from sponsor affiliate, $65K drawn
Non-interest-bearing note from Frontier SPV, LLC (affiliate of sponsor) with $2M maximum principal.
FTAC Emerald files investor presentation for Fold merger; no new financial data provided
Presentation furnished under Item 7.01 for previously announced business combination with Fold, Inc.
FTAC Emerald corrects ticker symbol change to FLD, FLDDU, FLDDW effective Aug 2
Common stock, units, and warrants will trade as FLD, FLDDU, FLDDW from market open on August 2, 2024.
FTAC Emerald (EMLD) will acquire Fold, Inc. via merger; consideration is all FTAC Class A common stock.
Fold to go public via merger with SPAC FTAC Emerald at $365M pre-money valuation
Pre-money equity valuation of $365M; Fold stockholders expected to own ~71% of combined company.
FTAC Emerald Acquisition Corp. securities to transfer to Nasdaq Capital Market
Company notified on June 26, 2024 of transfer to Nasdaq Capital Market.
FTAC Emerald extends deadline to Dec 2024; ~10.9M shares redeemed for $115.5M
Stockholders approved extension of business combination deadline from Jan 19, 2024 to Dec 20, 2024.
FTAC Emerald Acquisition postpones special meeting to Jan 19; redemption price approx $10.62/share
Special meeting postponed from January 16 to January 19, 2024 at 11:00 am ET.
FTAC Emerald postpones special meeting to Jan 19; redemption deadline Jan 17
Special meeting postponed from Jan 16 to Jan 19, 2024 at 11:00 a.m. Eastern.
FTAC Emerald Acquisition Corp. enters non-binding LOI for business combination
Non-binding letter of intent signed on January 9, 2024 for a potential business combination.
FTAC Emerald secures $550K funding from Polar, postpones special meeting to Jan 19
Subscription agreement with Polar Multi-Strategy Master Fund for up to $550K in capital contributions.
FTAC Emerald enters non-redemption agreements to extend deadline to Dec. 20, 2024
SPAC calls special meeting to approve extending business combination deadline to Dec. 20, 2024.
FTAC Emerald gets $8.7M deferred underwriting fee waiver from Goldman Sachs
Goldman Sachs waived all rights to the Deferred Discount of approximately $8.7 million.
FTAC Emerald increases sponsor promissory note cap to $3.0M from $1.5M
Maximum principal amount raised to $3,000,000 under amended promissory note dated Oct 16, 2023.
On May 5, 2025, Fold Holdings, Inc. (“Fold” or the “Company”) announced the appointment of Matthew McManus as the Company’s Chief Operating Officer, effective as of April 21, 2025.
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.
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.
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.
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.
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.
Max materiality 0.85 · Median 0.60 · Most common event other_material