Company: FUFU
Filing Date: 2025-03-05
Form Type: POS AM
Source: 0001213900-25-020703
Chunk: 28

Company: Bitfufu Inc.
Filing Date: 2025-03-05
Form: POS AM
Chunk 28
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, collectively the beneficial owners
of 23,620,910 Class A Ordinary Shares, constituting approximately 84.0% of our issued and outstanding Class A Ordinary Shares as of December
31, 2024, are able to sell up to 15,424,663 Class A Ordinary Shares, constituting approximately 54.9% of our issued and outstanding Class
A Ordinary Shares as of December 31, 2024, pursuant to this prospectus, for so long as the registration statement of which this prospectus
forms a part is available for use. Antdelta and the Sponsor are able to sell up to an additional 7,500,000 Class A Ordinary Shares and
696,247 Class A Ordinary Shares, respectively, pursuant to this prospectus, upon the expiration of the relevant lock-up period that these
shares are subject to, which is six months after the Closing of the Business Combination, for so long as the registration statement of
which this prospectus forms a part is available for use.

Sales of a substantial number of Class A Ordinary Shares in the public
market by the Selling Shareholders and/or by our other existing shareholders, or the perception that those sales might occur, could result
in a significant decline in the public trading price of our Class A Ordinary Shares and could impair our ability to raise capital through
the sale of additional equity securities. Because the prices at which certain Selling Shareholders acquired the securities that they may
sell pursuant to this prospectus may be lower than that of our public shareholders, certain Selling Shareholders may still experience
a positive rate of return on the securities that they sell pursuant to this prospectus, and be incentivized to sell such shares, when
our public shareholders may not experience a similar rate of return. Based on the closing price of our Class A Ordinary Shares of $5.00
on February 28, 2025, (a) Antdelta (with respect to the shares issued to Antdelta in connection with the Business Combination) may experience
potential profit of up to $4.79 per share; (b) ESOP may experience potential profit of up to $5.00 per share; (c) the Sponsor (other than
with respect to the Backstop Shares and Arisz Private Units Shares) and certain directors and officers of Arisz may experience potential
profit of up to $4.99 per share; and (d) Chardan (with respect to the shares that it received as additional deferred underwriting compensation)
may