Company: FUFU
Filing Date: 2025-03-05
Form Type: POS AM
Source: 0001213900-25-020703
Chunk: 27

Company: Bitfufu Inc.
Filing Date: 2025-03-05
Form: POS AM
Chunk 27
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) up to 155,541 Class A Ordinary Shares issuable upon the exercise of 207,389 Warrants, which were originally issued as Arisz Private Warrants to the Sponsor; and (c) up to 207,000 Class A Ordinary Shares issuable upon the exercise of the Unit Purchase Option for a total price of $2,314,375 (equivalent to per share price of $11.18 per share), which was originally issued to Chardan by Arisz in connection with its initial public offering, which consists of (i) up to 115,000 Class A Ordinary Shares contained in the Option Units issuable upon the exercise of the Unit Purchase Option (each unit exercisable at $11.50), (ii) up to 86,250 Class A Ordinary Shares issuable upon the exercise of the 115,000 Warrants (each warrant exercisable at $11.50) contained in the Option Units issuable upon the exercise of the Unit Purchase Option, and (iii) up to 5,750 Class A Ordinary Shares issuable upon the automatic conversion of the 115,000 rights (for which no additional consideration is needed) contained in the Option Units issuable upon the exercise of the Unit Purchase Option.

<div align='center'>7</div>

As
of December 31, 2024, our issued share capital consisted of (1) 163,106,615 Ordinary Shares (consisting of 28,106,615 Class A Ordinary
Shares and 135,000,000 Class B Ordinary Shares) and (2) 7,176,389 Warrants.

In
connection with the Business Combination, holders of 2,287,657 shares of Arisz Common Stock exercised their right to redeem their shares
for cash at a redemption price of approximately $11.14 per share, for an aggregate redemption amount of $25.4 million, representing approximately
96.0% of the total shares of Arisz Common Stock then held by public stockholders.

The Selling Shareholders can sell, under this prospectus, up to 24,594,508
Class A Ordinary Shares constituting approximately 87.5% of our issued and outstanding Class A Ordinary Shares as of December 31, 2024,
and approximately 72.9% of our issued and outstanding Class A Ordinary Shares (assuming all Warrants are exercised and the Unit Purchase
Option is exercised in full). In particular, Antdelta, ESOP, Antpool Technologies and the Sponsor