Form 4: Fold Holdings Director Forfeits Shares Following Business Combination
SEC Form 4
Director Bracebridge H. Young Jr. reports forfeiting shares of Fold Holdings, Inc. in connection with the company's initial business combination.
Summary
- On February 15, 2025, Bracebridge H. Young Jr., a director of Fold Holdings, Inc., forfeited 86,998 shares of common stock directly and 35,434 shares indirectly.
- The shares were forfeited for no consideration in connection with the issuer's initial business combination.
- Following the transaction, Young directly owns 113,002 shares and indirectly owns 64,285 shares through Emerald ESG Advisors, LLC and Emerald ESG Sponsor, LLC, of which he is a member.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a standard transaction related to a business combination.
Stakeholder Impact
- The share forfeiture may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Earliest transaction date |
| 02/15/2025 | Date of share forfeiture |
| 02/19/2025 | Date of signature |
Keywords
Fold Holdings, Director, Share Forfeiture, Business Combination, Form 4, FLD, Bracebridge H. Young Jr., Emerald ESG Advisors, Emerald ESG Sponsor
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