Company: FUFU
Filing Date: 2025-04-03
Form Type: F-3
Source: 0001213900-25-028397
Chunk: 18

Company: Bitfufu Inc.
Filing Date: 2025-04-03
Form: F-3
Chunk 18
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,
any of our Company’s shareholders may transfer all or any of her or his Ordinary Shares by an instrument of transfer in the usual
or common form or any other form approved by our Company’s board of directors.

Our Company’s board
of directors may, in its absolute discretion, decline to register any transfer of any ordinary share which is not fully paid up or on
which our Company has a lien. Our Company’s board of directors may also decline to register any transfer of any Ordinary Share unless:

| ● | the instrument of transfer is lodged with us, accompanied by the certificate for the Ordinary Shares to                               
 which it relates and such other evidence as the board of directors may reasonably require to show the right of the transferor to make 
 the transfer;                                                                                                                         |

| ● | the instrument of transfer is in respect of only one class of Ordinary Shares; |

| ● | the instrument of transfer is properly stamped, if required; |

| ● | in the case of a transfer to joint holders, the number of joint holders to whom the Ordinary Shares is 
 to be transferred does not exceed four; and                                                            |

| ● | a fee of such maximum sum as the Nasdaq Stock Market may determine to be payable or such lesser sum as 
 our directors may from time to time require is paid to us in respect thereof.                          |

If our Company’s directors
refuse to register a transfer they shall, within three months after the date on which the instrument of transfer was lodged, send
to each of the transferor and the transferee notice of such refusal.

The registration of transfers
may, after compliance with any notice required of the Nasdaq Stock Market, be suspended and the register closed at such times and for
such periods as our Company’s board of directors may from time to time determine, provided, however, that the registration of transfers
shall not be suspended nor the register closed for more than thirty calendar days in any calendar year as the board may determine.

Liquidation.On
the winding up of our Company, if the assets available for distribution amongst our Company’s shareholders shall be more than sufficient
to repay the whole of the share capital at the commencement of the winding up, the surplus shall be distributed amongst our Company’s
shareholders in proportion to the par value of the shares held by them at the commencement of the winding up, subject to a deduction from
those shares in respect of which there are monies due, of all monies payable to our Company for unpaid calls or otherwise. If our Company’s
assets