Dividends & Buybacks ·
Shareholders approve reverse stock split authority with ratio between 1-for-2 and 1-for-50
FLDFold Holdings, Inc.
Fold Holdings, Inc. shareholders approved a proposal to amend the Certificate of Incorporation, granting the Board discretion to execute a reverse stock split at any ratio between 1-for-2 and 1-for-50. The measure passed with approximately 43.1 million votes in favor against 326 thousand opposed, exceeding the required two-thirds majority threshold. A related proposal to adjourn the meeting if necessary was also approved. Fold Holdings operates as a holding company focused on investments in technology and digital assets.