Fold Holdings, Inc.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 28, 2025
FLD$0.46+3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| General and administrative expenses | $2,920,423 | $3,730,488 |
| Loss from operations | (2,920,423) | (3,730,488) |
| Other income (expense): | ||
| Interest income earned on investments held in trust account | 2,953,920 | 11,207,609 |
| Interest expense | (434,696) | — |
| Non-redemption agreement expense | (838,825) | (708,400) |
| Other income (expense), net | 1,680,399 | 10,499,209 |
| (Loss) Income before provision for income taxes | (1,240,024) | 6,768,721 |
| Provision for income taxes | (628,508) | (2,325,087) |
| Net (loss) income | $(1,868,532) | $4,443,634 |
| Basic and diluted weighted average shares outstanding, Class A common stock | 14,970,335 | 25,873,722 |
| Basic and diluted net (loss) income per common stock, Class A common stock | $(0.12) | $0.14 |
| Basic and diluted weighted average shares outstanding, Class B common stock | — | 6,184,019 |
| Basic and diluted net income per common stock, Class B common stock | $— | $0.14 |
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