Company: FUFU
Filing Date: 2025-03-05
Form Type: POS AM
Source: 0001213900-25-020703
Chunk: 57

Company: Bitfufu Inc.
Filing Date: 2025-03-05
Form: POS AM
Chunk 57
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 on the date hereof. Any of the authorities on which this summary is based could be changed
in a material and adverse manner at any time, and any such change could be applied on a retroactive or prospective basis which could
affect the U.S. federal income tax considerations described in this summary. This discussion does not address the U.S. federal 3.8%
Medicare tax imposed on certain net investment income or any aspects of U.S. federal taxation other than those pertaining to the
income tax, nor does it address any tax consequences arising under any U.S. state and local, or non-U.S. tax laws. U.S. Holders
should consult their own tax advisors regarding such tax consequences in light of their particular circumstances.

No ruling has been requested
or will be obtained from the IRS regarding the U.S. federal income tax consequences of the Business Combination or any other related
matter; thus, there can be no assurance that the IRS will not challenge the U.S. federal income tax treatment described below or
that, if challenged, such treatment will be sustained by a court.

This summary is limited to
considerations relevant to U.S. Holders that hold Class A Ordinary Shares as “capital assets” within the meaning
of section 1221 of the Code (generally, property held for investment). This discussion does not address all aspects of U.S. federal
income taxation that may be important to holders in light of their individual circumstances, including holders subject to special treatment
under the U.S. tax laws, such as, for example:

| ● | banks                                                                  
 or other financial institutions, underwriters, or insurance companies; |

| ● | brokers                                                                                    
 or dealers in securities or currencies or holders that are traders in securities who elect 
 to apply a mark-to-market method of accounting;                                            |

| ● | real                                                         
 estate investment trusts and regulated investment companies; |

| ● | tax-exempt                                                                                       
 organizations, qualified retirement plans, individual retirement accounts, or other tax-deferred 
 accounts;                                                                                        |

| ● | expatriates                                                     
 or former citizens or long-term residents of the United States; |

| ● | subchapter                                                                                 
 S corporations, partnerships or other pass-through entities or investors in such entities; |

| ● | any                               
 holder that is not a U.S. Holder; |

| ● | holders                     
 of Class B Ordinary Shares; |

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| ● | dealers                                              
 or traders in securities, commodities or