Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 6

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 6
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 Shares (as defined below). 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 is entitled to one vote, and is not convertible
into Class B Ordinary Shares under any circumstances. Each Class B Ordinary Share is entitled to five votes and is convertible into one
Class A Ordinary Share at any time by the holder thereof. As of the date of this prospectus, Leo Lu, our CEO and chairman of the board
of directors, is able to exercise voting rights with respect to over 50% of the voting power of our outstanding shares through his holding
of 135,000,000 Class B Ordinary Shares. We are a “controlled company” as defined under the Corporate Governance Rules of
Nasdaq. For so long as we remain a controlled company under this definition, we are permitted to elect to rely, and currently intend
to rely, on certain exemptions from corporate governance rules, including the exemption from the rule that a majority of our board of
directors must be independent directors. For details, see “Item 3. Key Information—D. Risk Factors—Risks Related to
Our Securities—We are a “controlled company” under the Corporate Governance Rules of Nasdaq and can rely on exemptions
from certain corporate governance requirements that could adversely affect our public shareholders” in our most recent annual report
on Form 20-F, incorporated herein by reference.

We may amend or supplement
this prospectus from time to time by filing amendments or supplements as required. You should read this entire prospectus and any amendments
or supplements carefully before you make your investment decision.

We are an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of 2012 and have elected to comply with certain reduced public company reporting requirements.

We are also a “foreign private issuer,” as defined in the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), and will be exempt from certain rules under the Exchange Act that impose certain disclosure obligations and procedural requirements for proxy solicitations under Section 14 of the Exchange Act. In addition, our officers, directors and principal shareholders will be exempt from the reporting and “short swing” profit recovery provisions under Section 16 of the Exchange Act. Moreover, we will not be required to file periodic reports and financial statements with the U.S. Securities and Exchange Commission as frequently or as promptly as U.S. companies whose securities are registered under the Exchange Act