Company: FUFU
Filing Date: 2025-04-21
Form Type: 20-F
Source: 0001213900-25-033733
Chunk: 84

Company: Bitfufu Inc.
Filing Date: 2025-04-21
Form: 20-F
Item: Item 4
Chunk 84
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ITEM
4. INFORMATION ON THE COMPANY

  History and Development of the Company  
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Finfront was incorporated
in the Cayman Islands as an exempted company with limited liability in July 2021. It is operating under the trade name “ BitFuFu”
and through its subsidiaries, mainly including (i) Ethereal Tech Pte. Ltd. was incorporated in Singapore in May 2018 and was acquired
by Finfront in October 2021 and became a wholly-owned subsidiary of Finfront in connection with a corporate reorganization;
(ii) Ethereal Tech US Corporation, a wholly-owned subsidiary of Finfront, was incorporated in the State of Delaware in December 2021;(iii)
Ethereal Tech ME Limited, a wholly-owned subsidiary of Finfront, was incorporated in the UAE in August 2024.

BitFuFu Inc. is an exempted
company incorporated in the Cayman Islands with limited liability in February 2022 for the purpose of effecting the Business Combination.
Prior to the Closing, BitFuFu Inc. did not conduct any material activities other than those incidental to our formation and the matters
contemplated by the Merger Agreement. Following, and as a result of, the Business Combination, Finfront became a wholly-owned subsidiary
of BitFuFu Inc., and all of our business is conducted through Finfront and its subsidiaries. Our principal executive offices are located
at 9 Temasek Boulevard, Suntec Tower 2, #13-01, Singapore 038989 and our telephone number is +65 6252 7569. Our website address is https://www. bitfufu. com.
The information contained on the website does not form a part of, and is not incorporated by reference into, this Report.

Business Combination with Arisz

On February 29, 2024, we consummated
the previously announced business combination with Arisz Acquisition Corp., pursuant to (i) the agreement and plan of merger, dated as
of January 21, 2022 (as amended as of April 4, 2022, October 10, 2022, April 24, 2023 and July 28, 2023), by and between
Arisz and Finfront, (ii) the joinder agreement by and among us, Finfront, Merger Sub and Arisz, dated April 4, 2022, and (iii) supplemental
joinder agreement by