Company: FUFU
Filing Date: 2025-03-05
Form Type: POS AM
Source: 0001213900-25-020703
Chunk: 4

Company: Bitfufu Inc.
Filing Date: 2025-03-05
Form: POS AM
Chunk 4
---
 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) 51,750
Class A Ordinary Shares issued to Chardan as additional deferred underwriting compensation for which no cash consideration was paid by
Chardan; and (ix) 260,000 Class A Ordinary Shares issued to Aqua (as defined below), which were originally purchased by Aqua from the
Sponsor pursuant to the Aqua Stock Purchase Agreement (as defined below), at a purchase price of approximately $9.62 per share; (b) up
to 155,541 Class A Ordinary Shares issuable upon the exercise of 207,389 Warrants, which were originally issued concurrently with the
initial public offering of Arisz in a private placement to the Sponsor and exercisable for three-fourths (3/4) of one share of Arisz
Common Stock at $11.50 per one whole share; and (c) up to 207,000 Class A Ordinary Shares issuable upon the exercise of the Unit Purchase
Option for a total price of $2,314,375 (equivalent to $11.18 per share), which was originally issued to Chardan by Arisz in connection
with its initial public offering, which consists of (i) up to 115,000 Class A Ordinary Shares contained in the Option Units issuable
upon the exercise of the Unit Purchase Option (each unit exercisable at $11.50), (ii) up to 86,250 Class A Ordinary Shares issuable upon the exercise of the 115,000 Warrants (each warrant exercisable at $11.50) contained in the Option Units issuable upon the exercise of the Unit Purchase Option, and (iii) up to 5,750 Class A Ordinary Shares issuable upon the automatic conversion of the 115,000 rights (for which no additional consideration is needed) contained in the Option Units issuable upon the exercise of the Unit Purchase Option. See “ Selling Shareholders” for the details of these securities.

In connection with the Business
Combination