Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 21

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 21
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 not expect to rely on the cash exercise of the Warrants and the Unit Purchase Option to fund our            
 operations. Instead, we intend 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. The exercise price of the Warrants is        
 $11.50 per share, and the exercise price of the Option Units is $11.50 per unit. The likelihood that Warrant holders will exercise their 
 Warrants, and the likelihood that the holder of Unit Purchase Option will exercise the Unit Purchase Option, and therefore the amount    
 of cash proceeds that we would receive, are dependent upon the trading price of our Class A Ordinary Shares. If the trading price        
 for our Class A Ordinary Shares is less than $11.50 per share, we believe holders of our Warrants and the holder of the Unit Purchase    
 Option will be unlikely to exercise their respective securities. On February 28, 2025, the closing price of our Class A Ordinary         
 Shares was $5.00. Accordingly, we believe that holders of the Warrants are currently unlikely to exercise their Warrants, and the holder 
 of the Unit Purchase Option is unlikely to exercise the Unit Purchase Option.                                                            |

<div align='center'>5</div>

| Resale of Ordinary Shares |

| The Class A Ordinary Shares                                                
 that may be offered and sold from time to time by the Selling Shareholders |     | -a | Up to 24,594,508 Class A Ordinary Shares, which consists of (i) 15,000,000                                                              
 Class A Ordinary Shares issued to Antdelta and ESOP as merger consideration in connection with the Business Combination; (ii) 7,400,000 
 Class A Ordinary Shares purchased by certain PIPE Investors pursuant to the PIPE Subscription Agreements; (iii) 1,260,652               
 Class A Ordinary Shares issued to the Sponsor and certain directors and officers of Arisz; (iv) 200,000 Class A Ordinary                
 Shares issued to the Sponsor, which were purchased by the Sponsor pursuant to the Backstop Agreement; (v) 204,348 Class A               
 Ordinary Shares issued to ET, which were purchased by ET from the Sponsor pursuant to the ET Stock Purchase Agreements; (vi) 207,389    
 Class A Ordinary Shares