Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 24

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 24
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 with the closing of the Business Combination pursuant to the
PIPE Subscription Agreements at a price of $10.00 per share; (iv) 1,260,652 Class A Ordinary Shares issued to the Sponsor and certain
directors and officers of Arisz, which were purchased by the Sponsor at approximately $0.014 per share; (v) 200,000 Class A Ordinary
Shares issued to the Sponsor, which were purchased by the Sponsor pursuant to the Backstop Agreement at a price of $10.00 per share;
(vi) 204,348 Class A Ordinary Shares issued to ET, which were purchased by ET from the Sponsor pursuant to the ET Stock Purchase Agreements
at prices ranging from approximately $9.75 to $9.85 per share; (vii) 217,758 Class A Ordinary Shares issued to the Sponsor for a total
price of $2,073,890 (equivalent to per share price of $9.52 per share), which consist of (1) 207,389 Class A Ordinary Shares issued in
exchange for the same number of shares of Arisz Private Common Stock in connection with the Business Combination, and (2) 10,369 Class A Ordinary Shares issued upon the automatic conversion of the Arisz Private Rights at the Closing. 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, which were originally purchased by Aqua from the Sponsor pursuant to the Aqua Stock Purchase Agreement, 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 as Arisz Private Warrants to the Sponsor; 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 per share price of $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