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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Fold
Fold (FLD) investor relations material
Fold EGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.EGM 2026 summary22 Oct, 2026
Opening remarks and agenda
Virtual special meeting called to order at 12:00 p.m. ET on Oct. 22, 2026; business was scheduled before stakeholder questions.
Specific resolutions to be voted on
Proposal 1 sought approval for a reverse split of issued and outstanding common shares at a ratio from 1-for-20 to 1-for-50; the board would decide whether to proceed, and the final ratio and timing, after approval.
Proposal 2 sought approval to adjourn the meeting to solicit additional proxies or votes if support for the reverse split was insufficient.
Board and executive committee updates
Directors identified: Bracebridge Young Jr. and Dr. Andrew Hohns, Class One; Dr. Jonathan Kirkwood and Will Reeves, Class Two; Erez Simha, Lesley Goldwasser, and Kirstin Hill, Class Three.
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Latest events from Fold
- Seeking up to $25M via equity facility, the company faces losses, dilution, and crypto market risks.FLD
Registration filing - Vote sought on reverse stock split to maintain Nasdaq listing and avoid financing risks.FLDProxy filing
- Q2 2026 revenue fell 26% to $6.1M with a $9.7M net loss, debt reduction, and product expansion.FLDQ2 2026
- Shareholders to vote on a reverse stock split to maintain Nasdaq listing and avoid delisting.FLDProxy filing
- Directors and auditors elected; strategic focus shifts to scaling a Bitcoin-centric financial platform.FLDAGM 2026
- Revenue fell 21% to $5.6M as Bitcoin volatility drove a $29.2M net loss, but user growth continues.FLDQ1 2026
- Registering 1,040,000 shares for resale, with no proceeds to the company and key bitcoin integration focus.FLDRegistration filing
- Strong growth, platform scaling, and robust governance mark the upcoming annual meeting.FLDProxy filing
- Q1 revenue up 44–45% to $7.1M, net loss $(48.9)M, bitcoin holdings +50%, new products launched.FLDQ1 2025
Next Fold earnings date
Q3 20269 Nov, 2026
Fold
Next Fold earnings date
Q3 20269 Nov, 2026
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Amina0781App Store
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@theshortbearx.com
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