Company: FUFU
Filing Date: 2025-04-21
Form Type: 20-F
Source: 0001213900-25-033733
Chunk: 69

Company: Bitfufu Inc.
Filing Date: 2025-04-21
Form: 20-F
Item: Item 3
Chunk 69
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 research and reports that securities or industry analysts publish about us. Securities
and industry analysts do not currently, and may never, publish research on us. If no securities or industry analysts commence coverage
us, the trading price for the ordinary shares would likely be negatively impacted. In the event securities or industry analysts initiate
coverage, if one or more of the analysts who cover us downgrade our securities or publish inaccurate or unfavorable research about our
business, our share price would likely decline. If one or more of these analysts cease coverage or fail to publish reports on us, demand
for the Class A ordinary shares could decrease, which might cause our share price and trading volume to decline.

We are a foreign private issuer within the
meaning of the rules under the Exchange Act, and as such we are exempt from certain provisions applicable to domestic public companies
in the United States.

As a foreign private issuer,
we are exempt from certain provisions of the securities rules and regulations in the United States that are applicable to U. S. domestic
issuers, including: (i) the rules under the Exchange Act requiring the filing of quarterly reports on Form 10-Q or current
reports on Form 8-K with the SEC; (ii) the sections of the Exchange Act regulating the solicitation of proxies,
consents, or authorizations in respect of a security registered under the Exchange Act; (iii) the sections of the Exchange Act
requiring insiders to file public reports of their share ownership and trading activities and liability for insiders who profit from trades
made in a short period of time; and (iv) the selective disclosure rules by issuers of material nonpublic information under Regulation FD.

We are required to file an
annual report on Form 20-F within four months of the end of each fiscal year. In addition, we expect to publish
our results on a quarterly basis through press releases, distributed pursuant to the rules and regulations of Nasdaq. Press releases relating
to financial results and material events will also be furnished to the SEC on Form 6-K. However, the information we
are required to file with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the
SEC by U. S. domestic issuers. Accordingly, you may receive less or different information about us than you would receive about a
U. S. domestic public company.

We could lose our status as
a foreign private issuer under current SEC rules and regulations if more than 50% of our outstanding voting securities