Company: FUFU
Filing Date: 2025-03-05
Form Type: POS AM
Source: 0001213900-25-020703
Chunk: 37

Company: Bitfufu Inc.
Filing Date: 2025-03-05
Form: POS AM
Chunk 37
---
 to be in the best interests of our Company.

<div align='center'>12</div>

Exempted company.Our
Company is an exempted company with limited liability under the Companies Act. The Companies Act distinguishes between ordinary resident
companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman
Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially the same as for an
ordinary company except that an exempted company:

| ● | does not have to file an annual return               
 of its shareholders with the Registrar of Companies; |

| ● | is not required to open its register 
 of members for inspection;           |

| ● | does not have to hold an annual general 
 meeting;                                |

| ● | may obtain an undertaking against                                                       
 the imposition of any future taxation (such undertakings are usually given for 20 years 
 in the first instance);                                                                 |

| ● | may register by way of continuation                                
 in another jurisdiction and be deregistered in the Cayman Islands; |

| ● | may register as a limited duration 
 company; and                       |

| ● | may register as a segregated portfolio 
 company.                               |

“Limited liability”
means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except
in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose
or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

Warrants

The following summary is
not complete and is subject to, and is qualified in its entirety by reference to, the provisions of the Warrant Agreement, dated as of
November 17, 2021, by and between Arisz and Continental Stock Transfer & Trust Company.

On December 19, 2023,
BitFuFu Inc., Arisz and Continental Stock Transfer & Trust Company entered into a supplemental warrant agreement (the “Supplemental
Warrant Agreement”), pursuant to which, among other things, BitFuFu assumed the obligations of Arisz under that certain warrant
agreement, dated November 17, 2021, by and between Arisz and Continental Stock Transfer & Trust Company (the “Existing
Warrant Agreement”). Pursuant to the Business Combination Agreement and the Supplemental Warrant Agreement, each issued and outstanding
warrant of Arisz sold to the public and to Ar