Fold Holdings, Inc. — Director's Dealing 2021

Dec 16, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FTAC Emerald Acquisition Corp. (EMLDU)
CIK: 0001889123
Period of Report: 2021-12-15

Reporting Person: COHEN BETSY Z (Director, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock, par value $0.0001	$		Class A Common Stock (8763333)		Indirect

Footnotes

F1: As described in FTAC Emerald Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-261254), as amended (the "Registration Statement") and as described in the section entitled "Description of Securities," the Class B common stock and private placement shares will automatically convert into shares of Class A common stock upon the consummation of our initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.

F2: These shares represent the Class B Common Stock held by Emerald ESG Sponsor, LLC (the "Sponsor"), acquired pursuant to a subscription agreement by and between the Sponsor and the registrant. The Class B Common Stocked owned by the Sponsor includes up to 1,133,333 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the registrant's securities do not exercise their over-allotment option in full as described in the registrant's registration statement.

F3: The reporting person is the managing member of Emerald ESG Sponsor, LLC LLC, a Delaware limited liability company. As such, the reporting person has voting and investment discretion with respect to the common stock held of record by the Sponsor and may be deemed to have shared beneficial ownership of the common stock held directly by the Sponsor and disclaims any beneficial ownership of the reported common stock other than to the extent of any pecuniary interest she may have therein, directly or indirectly.