SCHEDULE 13G: Fulgur Entities Disclose Significant Passive Stakes in Fold Holdings, Inc.

Fulgur Frontier Capital LP and Fulgur Ventures I, L.P. have disclosed beneficial ownership of 14.2% and 9.5% respectively, of Fold Holdings, Inc.'s common stock, totaling over 23% combined.

Summary

• Fulgur Frontier Capital LP beneficially owns 6,548,430 shares of Fold Holdings, Inc.'s common stock, representing 14.2% of the class.
• Fulgur Ventures I, L.P. beneficially owns 4,360,345 shares of Fold Holdings, Inc.'s common stock, representing 9.5% of the class.
• The combined beneficial ownership of the two Fulgur entities totals 10,908,775 shares, which represents approximately 23.7% of the 46,138,876 common shares outstanding of Fold Holdings, Inc.
• Both Fulgur Frontier Capital LP and Fulgur Ventures I, L.P. hold shared voting power and shared dispositive power over their respective shares.
• The securities were acquired and are held for passive investment purposes and not for the purpose of changing or influencing the control of Fold Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of beneficial ownership. It does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or prospects.

Positives

• This Schedule 13G filing, as a beneficial ownership report, does not contain information regarding the operational or financial positives of Fold Holdings, Inc.

Negatives

• This Schedule 13G filing, as a beneficial ownership report, does not contain information regarding the operational or financial negatives of Fold Holdings, Inc.

Risks

• This Schedule 13G filing, as a beneficial ownership report, does not detail specific risks related to Fold Holdings, Inc.'s operations or financial condition.

Future Outlook

This Schedule 13G filing, being a beneficial ownership report, does not provide any forward-looking statements or guidance regarding Fold Holdings, Inc.'s future outlook.

Management Comments

• Oleg Mikhalskiy, as President of Fulgur Investment Management Ltd (General Partner of Fulgur Frontier Capital LP) and Manager of Fulgur Ventures LLC (General Partner of Fulgur Ventures I, L.P.), certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a specific disclosure of beneficial ownership and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding significant institutional ownership, which can inform investment decisions.

Key Dates

Keywords

Fold Holdings Inc., Fulgur Frontier Capital LP, Fulgur Ventures I L.P., Schedule 13G, beneficial ownership, common stock, institutional investment, passive stake