Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 3

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 3
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 proceeds.

The Selling Shareholders can sell, under this prospectus, up to 24,594,508
Class A Ordinary Shares constituting approximately 87.5% of our issued and outstanding Class A Ordinary Shares as of December 31, 2024,
and approximately 72.9% of our issued and outstanding Class A Ordinary Shares (assuming all Warrants are exercised and the Unit Purchase
Option is exercised in full). Given the substantial number of Class A Ordinary Shares being registered for potential resale by Selling
Shareholders pursuant to this prospectus, the sale of shares by the Selling Shareholders, or the perception in the market that the holders
of a large number of our Class A Ordinary Shares intend to sell their shares, could increase the volatility of, or result in a significant
decline in, the public trading price of the Class A Ordinary Shares. In particular, Antdelta, ESOP, Antpool Technologies (as defined below)
and the Sponsor, 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 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.

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 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. Certain of the securities being registered for sale
pursuant to this prospectus were purchased by certain Selling Shareholders at prices below the current market