Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 1

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 1
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 named in this prospectus or their permitted transferees (together, the “Selling
Shareholders”) of (a) up to 24,594,508 Class A Ordinary Shares, which consists of (i) 7,500,000 Class A Ordinary Shares issued
to Antdelta (as defined below) in connection with the Business Combination (as defined below) at an implied purchase price of approximately
$0.21 per share; (ii) 7,500,000 Class A Ordinary Shares issued to ESOP (as defined below) in connection with the Business Combination
at an implied purchase price of nil, which are reserved for the share-based awards under our 2022 Incentive Plan; (iii) 7,400,000 Class
A Ordinary Shares purchased by certain PIPE Investors (as defined below) concurrently with the closing of the Business Combination pursuant
to the PIPE Subscription Agreements (as defined below) at a price of $10.00 per share; (iv) 1,260,652 Class A Ordinary Shares issued
to the Sponsor and certain directors and officers of Arisz, which were purchased by the Sponsor at approximately $0.014 per share; (v)
200,000 Class A Ordinary Shares issued to the Sponsor, which were purchased by the Sponsor pursuant to the Backstop Agreement (as defined
below) at a price of $10.00 per share; (vi) 204,348 Class A Ordinary Shares issued to ET (as defined below), which were purchased by
ET from the Sponsor pursuant to the ET Stock Purchase Agreements (as defined below) at prices ranging from approximately $9.75 to $9.85
per share; (vii) 217,758 Class A Ordinary Shares issued to the Sponsor for a total price of $2,073,890 (equivalent to per share price
of $9.52 per share), which consist of (1) 207,389 Class A Ordinary Shares issued in exchange for the same number of shares of Arisz Private
Common Stock (as defined below) in connection with the Business Combination, and (2) 10,369 Class A Ordinary Shares issued upon the automatic
conversion of the Arisz Private Rights (as defined below) at the Closing (as defined below). The Arisz Private Common Stock and the Arisz
Private Rights were originally issued to the Sponsor as part of the Arisz Private Units at a price of $10.00 per unit; (viii)