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Fulgur Frontier boosts Fold (FLD) stake with 7,191,631 contributed shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Fulgur Frontier Capital LP, a 10% owner of Fold Holdings, Inc., reported acquiring 7,191,631 shares of common stock on December 30, 2025. The shares were contributed by a limited partner to Fulgur Frontier Capital for no additional consideration, raising its direct holdings to 13,740,061 shares. A related fund, Fulgur Ventures I LP, separately holds 4,360,345 shares that are not included in this total.

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Insider Fulgur Frontier Capital LP
Role 10% Owner
Type Security Shares Price Value
Grant/Award Common Stock 7,191,631 $0.00 --
Holdings After Transaction: Common Stock — 13,740,061 shares (Direct)
Footnotes (1)
  1. On December 30, 2025, 7,191,631 shares of the issuer's common stock were contributed by a limited partner of the reporting person to the reporting person for no additional consideration (the "Shares"). The Shares were originally purchased by the limited partner on behalf of the Reporting Person in open market transactions at market prices having an average weighted purchase price of $3.83 per share. This does not include 4,360,345 shares of the issuer's common stock which are held by Fulgur Ventures I LP, an affiliate of the reporting person.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fulgur Frontier Capital LP

(Last) (First) (Middle)
GOODMAN'S BAY CORPORATE CENTRE,
2ND FLOOR, 309 WEST BAY STREET

(Street)
NASSAU C5

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Fold Holdings, Inc. [ FLD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/30/2025(1) A 7,191,631(1) A (1) 13,740,061(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On December 30, 2025, 7,191,631 shares of the issuer's common stock were contributed by a limited partner of the reporting person to the reporting person for no additional consideration (the "Shares"). The Shares were originally purchased by the limited partner on behalf of the Reporting Person in open market transactions at market prices having an average weighted purchase price of $3.83 per share.
2. This does not include 4,360,345 shares of the issuer's common stock which are held by Fulgur Ventures I LP, an affiliate of the reporting person.
Remarks:
This Amendment No. 1 is being filed solely to correct a ministerial error to the signature block of the original report.
/s/ Oleg Mikhalskiy, for Fulgur Frontier Capital LP, by Fulgur Investment Management Limited, its general partner, By: Oleg Mikhalskiy, as Director 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Fulgur Frontier Capital LP report in its latest Form 4/A for Fold Holdings (FLD)?

Fulgur Frontier Capital LP reported receiving 7,191,631 Fold Holdings common shares on December 30, 2025. These shares were contributed by a limited partner for no additional consideration, increasing the fund’s directly held position in FLD without an open-market purchase.

How many Fold Holdings (FLD) shares does Fulgur Frontier Capital LP hold after this transaction?

After the reported transaction, Fulgur Frontier Capital LP directly holds 13,740,061 Fold Holdings common shares. This reflects the addition of 7,191,631 contributed shares, which were transferred from a limited partner into the fund at zero stated price per share.

Were the 7,191,631 Fold Holdings (FLD) shares acquired by Fulgur Frontier Capital LP bought in the open market?

No, the 7,191,631 shares were not newly bought in the market. A limited partner contributed shares it had previously purchased in open-market transactions, at an average weighted price of $3.83 per share, to Fulgur Frontier Capital LP for no additional consideration.

How is the Form 4/A transaction for Fold Holdings (FLD) classified for Fulgur Frontier Capital LP?

The transaction is classified as a grant, award, or other acquisition of common stock. It is coded as an acquisition (transaction code A), reflecting the contribution of 7,191,631 shares by a limited partner into Fulgur Frontier Capital LP at no cost.
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