Executive pay increases at Fold Holdings (FLDDW) set CEO at $500k

Rhea-AI Filing Summary

Fold Holdings, Inc. reported changes to executive compensation. On February 28, 2025, the company’s Compensation Committee approved increases in base salaries for its two most senior officers. The Chief Executive Officer, Will Reeves, will receive an annual base salary of $500,000, and the Chief Financial Officer, Wolfe Repass, will receive an annual base salary of $400,000, effective as of February 19, 2025.

The filing also notes that Fold’s common stock and public warrants are listed on the Nasdaq Capital Market under the symbols FLD and FLDDW, respectively.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 28, 2025

Fold Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-41168		86-2170416
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2942 North 24th Street, Suite 115, #42035 Phoenix, Arizona			85016
(Address of principal executive offices)			(Zip Code)

(866) 365-3277

Registrant’s telephone number, including area code

11201 North Tatum Blvd., Suite 300, Unit 42035

Phoenix, Arizona 85028

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
Common stock, par value $0.0001 per share		FLD		Nasdaq Capital Market
Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $11.50 per share		FLDDW		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Principal Executive and Principal Financial Officer Salary Increases.

On February 28, 2025, the Compensation Committee of the Board of Directors of Fold Holdings, Inc. (“Fold”) approved increases in base salaries for Mr. Will Reeves, the Chief Executive Officer of Fold, and Mr. Wolfe Repass, the Chief Financial Officer of Fold, to $500,000 and $400,000, respectively, effective as of February 19, 2025.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FOLD HOLDINGS, INC.
	By:	/s/ Will Reeves
		Name:	Will Reeves
		Title:	Chief Executive Officer
Dated: August 25, 2025

FAQ

What executive compensation changes did Fold Holdings (FLDDW) disclose?

Fold Holdings, Inc. disclosed that its Compensation Committee approved base salary increases for its two top executives. The Chief Executive Officer, Will Reeves, will receive a base salary of $500,000 per year, and the Chief Financial Officer, Wolfe Repass, will receive a base salary of $400,000 per year, effective as of February 19, 2025.

When did Fold Holdings approve the new executive salaries?

The Compensation Committee of Fold Holdings, Inc. approved the new base salaries for Chief Executive Officer Will Reeves and Chief Financial Officer Wolfe Repass on February 28, 2025, with the changes effective as of February 19, 2025.

Who are the key executives affected by the salary changes at Fold Holdings (FLDDW)?

The salary changes affect two key executives at Fold Holdings, Inc.: Will Reeves, the Chief Executive Officer, whose base salary is set at $500,000, and Wolfe Repass, the Chief Financial Officer, whose base salary is set at $400,000.

On which exchange are Fold Holdings’ securities listed and under what symbols?

Fold Holdings, Inc.’s common stock is listed on the Nasdaq Capital Market under the symbol FLD. Its warrants, each exercisable for one share of common stock at an exercise price of $11.50 per share, are listed under the symbol FLDDW.

What item of the 8-K filing covers the Fold Holdings executive salary increases?

The executive salary increases at Fold Holdings, Inc. are disclosed under Item 5.02, which relates to departure or appointment of certain officers and compensatory arrangements of certain officers.

Did Fold Holdings report any changes to its directors or only compensation changes for current officers?

The disclosure focuses on compensatory arrangements, specifically base salary increases for the current Chief Executive Officer and Chief Financial Officer. It does not describe changes to the composition of the Board of Directors.