Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 29

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 29
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 to rely on our primary sources of cash discussed elsewhere in this prospectus to continue to support our operations.
For additional information, see “Item 5. Operating and Financial Review and Prospects—B. Liquidity and Capital Resources”
in our most recent annual report on Form 20-F, incorporated herein by reference.

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DESCRIPTION OF SECURITIES</div>

General

A summary of the material
provisions governing the Company’s share capital is described below. This summary is not complete and should be read together with
the Company’s Amended and Restated Memorandum and Articles of Association.

We are a Cayman Islands exempted
company with limited liability and our affairs is governed by the Company’s Amended and Restated Memorandum and Articles of Association,
the Companies Act, and the common law of the Cayman Islands. The Company’s authorized share capital consists of 500,000,000 Ordinary
Shares, consisting of 300,000,000 Class A Ordinary Shares of a par value of $0.0001 each and 200,000,000 Class B Ordinary Shares
with a par value of $0.0001 each. All Ordinary Shares issued and outstanding were fully paid and non-assessable.

The following are summaries
of the material provisions of the Company’s Amended and Restated Memorandum and Articles of Association and the Companies Act insofar
as they relate to the material terms of the Ordinary Shares.

Ordinary Shares

Our Ordinary Shares are divided
into Class A Ordinary Shares and Class B Ordinary Shares. Holders of Class A Ordinary Shares and Class B Ordinary
Shares have the same rights except for voting and conversion rights. Each Class A Ordinary Share shall entitle the holder thereof
to one (1) vote on all matters subject to vote at the general meetings, and each Class B Ordinary Share shall entitle the holder
thereof to five (5) votes on all matters subject to vote at the general meetings. Our Ordinary Shares are issued in registered form
and are issued when registered in its register of members.

Conversion.Each
Class B Ordinary Share is convertible into one (1) Class A Ordinary Share at any time at the option of the holder thereof.
Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. Upon any sale, transfer,
assignment or disposition of Class B Ordinary Shares by a holder to any person or entity which is not an affiliate of such holder,
or upon a change of ultimate beneficial ownership of Class B Ordinary Shares