07:55 AM EDT, 07/11/2025 (MT Newswires) -- Fold Holdings ( FLD ) on Friday filed a preliminary prospectus for the sale of up to 9.3 million shares by selling stockholders, according to a regulatory filing.

Most of the shares are issuable under an equity purchase facility agreement signed on June 16 between the company and SZOP Opportunities I, Fold said.

The company said it will not receive any of the proceeds from the sale of the shares, but may raise up to $250 million in gross proceeds through sales to SZOP under the facility.