Company: FUFU
Filing Date: 2025-07-08
Form Type: F-3
Source: 0001213900-25-061902
Chunk: 16

Company: Bitfufu Inc.
Filing Date: 2025-07-08
Form: F-3
Chunk 16
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 and Articles of Association.

We are a Cayman Islands exempted
company with limited liability and our affairs is governed by the Company’s Amended and Restated Memorandum and Articles of Association,
the Companies Act, and the common law of the Cayman Islands. The Company’s authorized share capital consists of 500,000,000 Ordinary
Shares, consisting of 300,000,000 Class A Ordinary Shares of a par value of US$0.0001 each and 200,000,000 Class B Ordinary
Shares with a par value of US$0.0001 each. All Ordinary Shares issued and outstanding were fully paid and non-assessable.

Ordinary Shares

The following are summaries
of the material provisions of the Company’s Amended and Restated Memorandum and Articles of Association and the Companies Act insofar
as they relate to the material terms of the Ordinary Shares.

Our Ordinary Shares are divided
into Class A Ordinary Shares and Class B Ordinary Shares. 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 shall entitle the holder thereof
to one (1) vote on all matters subject to vote at the general meetings, and each Class B Ordinary Share shall entitle the holder
thereof to five (5) votes on all matters subject to vote at the general meetings. Our Ordinary Shares are issued in registered form
and are issued when registered in its register of members.

Conversion.Each
Class B Ordinary Share is convertible into one (1) Class A Ordinary Share at any time at the option of the holder thereof. Class A
Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. Upon any sale, transfer, assignment or
disposition of Class B Ordinary Shares by a holder to any person or entity which is not an affiliate of such holder, or upon a change
of ultimate beneficial ownership of Class B Ordinary Shares to any person or entity which is not an affiliate of the holder, such
Class B Ordinary Shares shall be automatically and immediately converted into the same number of Class A Ordinary Shares.

Dividends.The
holders of Ordinary Shares are entitled to such dividends as may be declared by the board of directors of our Company or declared by our
Company’s shareholders by ordinary resolution (provided that no dividend may be declared by our Company’s shareholders which
exceeds the amount recommended by its directors). Our Amended and Restated Memorandum and Articles of Association provide that dividends