Company: FUFU
Filing Date: 2025-04-21
Form Type: F-3/A
Source: 0001213900-25-033745
Chunk: 3

Company: Bitfufu Inc.
Filing Date: 2025-04-21
Form: F-3/A
Chunk 3
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erging growth
company” as defined in the Jumpstart Our Business Startups Act of 2012 and have elected to comply with certain reduced public company
reporting requirements. We are also a “foreign private issuer” as defined in the Securities and Exchange Act of 1934, as amended,
or the Exchange Act, and will be exempt from certain rules under the Exchange Act that impose certain disclosure obligations and procedural
requirements for proxy solicitations under Section 14 of the Exchange Act. In addition, our officers, directors and principal shareholders
will be exempt from the reporting and “short swing” profit recovery provisions under Section 16 of the Exchange Act. Moreover,
we will not be required to file periodic reports and financial statements with the U.S. Securities and Exchange Commission as frequently
or as promptly as U.S. companies whose securities are registered under the Exchange Act. See “Our Company—Implications of
Being a Foreign Private Issuer Status” and “Our Company—Implications of Being an Emerging Growth Company” for
more details.

Additionally, we are a “controlled
company” as defined under the Corporate Governance Rules of Nasdaq. As of the date of this prospectus, Mr. Leo Lu, our Chief Executive
Officer and Chairman of the Board of Directors, owns more than 50% of the voting power represented by our issued and outstanding ordinary
shares. For so long as we remain a controlled company under this definition, we are permitted to elect to rely, and currently intend to
rely, on certain exemptions from corporate governance rules, including the exemption from the rule that a majority of our board of directors
must be independent directors. For more details, see “Our Company—Implications of Being a Controlled Company” and “Item 3.
Key Information—D. Risk Factors—Risks Related to Our Securities—We are a “controlled company” under
the Corporate Governance Rules of Nasdaq and can rely on exemptions from certain corporate governance requirements that could adversely
affect our public shareholders” in our most recent annual report on Form 20-F, incorporated herein by reference.

Investing in these securities involves a high degree of risk. Furthermore, investors should be aware that there are various other risks relating to the securities, the issuer and its subsidiaries, their business and their jurisdictions of operations which investors should familiarize themselves with before making an investment in the securities. Please carefully consider the risks discussed under “ Risk Factors” in this prospectus beginning on page 10, in any accompanying prospectus supplement