Company: FUFU
Filing Date: 2025-11-07
Form Type: F-3
Source: 0001213900-25-107483
Chunk: 11

Company: Bitfufu Inc.
Filing Date: 2025-11-07
Form: F-3
Chunk 11
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 of substantial amounts of our shares by our selling shareholders that could cause the price of our shares to fall, and certain   
 selling shareholders can earn a positive rate of return on their investment, even if other shareholders experience a negative return; |

| ● | potential additional dilution           
 resulted from the exercise of warrants; |

| ● | warrant may expire worthless,      
 as they may never be in the money; |

| ● | potential dilution for                                        
 existing shareholders upon our issuance of additional shares; |

| ● | potential treatment of                               
 our company as a passive foreign investment company; |

| ● | our dual-class structure                                                     
 and impact on relevant shareholders’ ability to influence corporate matters; |

| ● | our Amended and Restated                                                                                                         
 Memorandum and Articles of Association and Cayman Islands law may have the effect of discouraging lawsuits against our directors 
 and officers;                                                                                                                    |

| ● | anti-takeover provisions                                                                                                         
 contained in our Amended and Restated Memorandum and Articles of Association, as well as provisions of Cayman Islands law, could 
 impair a takeover attempt;                                                                                                       |

| ● | exemptions from requirements                                                          
 applicable to other public companies due to our status as an emerging growth company; |

| ● | difficulties in effecting                                                                                                             
 service of legal process, enforcing foreign judgments or bringing actions against us or our management named in this prospectus based 
 on foreign laws;                                                                                                                      |

| ● | ability to maintain the                                
 listing of our securities on Nasdaq in the future; and |

| ● | exemptions from certain                                                                                                      
 corporate governance requirement under the Corporate Governance Rules of Nasdaq due to our status as a “controlled company.” |

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Risks Related to This Offering Risks and uncertainties relating to this offering include, but are not limited to, the following:

| ● | Our Class A Ordinary Shares may 
 be diluted by future issuances; |

| ● | Future sales, or the perception                                                                                                  
 of future sales, of our Class A Ordinary Shares by existing shareholders could adversely affect prevailing market prices for our 
 Class A Ordinary Shares; and                                                                                                     |

| ● | The market price of our                                                  
 Class A Ordinary Shares may be volatile and could decline substantially. |

Implications of Being an Emerging Growth Company We qualify as an “emerging growth company” pursuant to the Jumpstart Our Business Startups Act of 2012, as amended, or the JOBS Act. An emerging growth company may take advantage of specified reduced