• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form S-8 POS filed by BitFuFu Inc.

    6/3/25 4:01:21 PM ET
    $FUFU
    Finance: Consumer Services
    Finance
    Get the next $FUFU alert in real time by email
    S-8 POS 1 ea024343702-s8pos_bitfufu.htm POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8

    As filed with the Securities and Exchange Commission on June 3, 2025

    Registration No. 333-282033

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    POST-EFFECTIVE AMENDMENT NO. 1

    TO

    FORM S-8

    REGISTRATION STATEMENT

    UNDER THE SECURITIES ACT OF 1933

     

    BitFuFu Inc.

    (Exact name of registrant as specified in its charter)

     

    Cayman Islands   Not Applicable
    (State or other jurisdiction of
    incorporation or organization)
      (I.R.S. Employer
    Identification Number)

     

    9 Temasek Boulevard

    Suntec Tower 2, #13-01

    Singapore 038989

    (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

     

    Amended and Restated 2022 Share Incentive Plan

    (Full title of the plan)

     

    Cogency Global Inc.

    122 East 42nd Street, 18th Floor

    New York, NY 10168

    (212) 947-7200

    (Name, address, including zip code, and telephone number, including area code, of agent for service)

     

    Copies to:

    Leo Lu, Chief Executive Officer
    9 Temasek Boulevard
    Suntec Tower 2, #13-01

    Singapore 038989

    Telephone: +65 6252 7569

     

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Securities Exchange Act of 1934 (the “Exchange Act”).

     

    Large accelerated filer ☐ Accelerated filer ☒
    Non-accelerated filer ☐ Smaller reporting company ☐
    Emerging growth company ☒  

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act of 1933, as amended (the “Securities Act”). ☐

     

     

     

     

     

     

    EXPLANATORY NOTE

     

    BitFuFu Inc. (the “Registrant” or the “Company”) is filing this Post-Effective Amendment No. 1 to Form S-8 (the “Post-Effective Amendment”) to amend the Registration Statement on Form S-8 (File No. 333-282033) of the Registrant previously filed with the Securities and Exchange Commission (the “Commission”) on September 11, 2024 (together with the Post-Effective Amendment, the “Registration Statement”).

     

    On May 29, 2025, the Registrant’s board of directors approved to amend and restate the original 2022 Share Incentive Plan of the Registrant and adopted the Amended and Restated 2022 Share Incentive Plan (the “A&R 2022 Plan”), pursuant to which the maximum aggregate number of shares that may be issued under the A&R 2022 Plan has been adjusted from 7,500,000 Class A ordinary shares to 14,657,193 Class A ordinary shares, increased by 7,157,193 Class A ordinary shares. The rest of provisions of the 2022 Share Incentive Plan will remain in full force and effect. As a result, the Registrant is filing this Post-Effective Amendment to incorporate the A&R 2022 Plan as an exhibit to the Registration Statement and to reflect that a total of up to 14,657,193 Class A ordinary shares have or may become available for issuance under the A&R 2022 Plan. The Registrant is also filing a new registration statement on Form S-8 to register the additional 7,157,193 Class A ordinary shares that will become available for issuance under the A&R 2022 Plan.

     

     

     

     

    PART I

     

    INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

     

    The information required by Item 1 and Item 2 of Part I of Form S-8 is omitted from this filing in accordance with Rule 428 under the Securities Act and the introductory note to Part I of Form S-8. The document(s) containing the information specified in Part I of Form S-8 will be sent or given to the participants as specified by Rule 428(b)(1) of the Securities Act. Such documents are not required to be, and are not, filed with the SEC, either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act.

     

    1

     

     

    PART II

     

    INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

     

    Item 3. Incorporation of Documents by Reference

     

    The following documents filed by the Registrant with the Commission are incorporated by reference herein:

     

      (a) The Registrant’s registration statement on Form S-8 (File No. 333-282033) filed with the Commission on September 11, 2024;
         
      (b) The Registrant’s annual report on Form 20-F for the fiscal year ended December 31, 2024 filed with the Commission on April 21, 2025 (File No. 001-41972); and

     

      (c) The description of the Registrant’s ordinary shares incorporated by reference in the Registrant’s registration statement on Form F-3 filed with the Commission on April 21, 2025 (File No. 333-286356), including any amendment and report subsequently filed for the purpose of updating that description.

     

    All documents subsequently filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act, after the date of this registration statement and prior to the filing of a post-effective amendment to this registration statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this registration statement and to be part hereof from the date of filing of such documents. Any statement in a document incorporated or deemed to be incorporated by reference in this registration statement will be deemed to be modified or superseded to the extent that a statement contained in this registration statement or in any other later filed document that also is or is deemed to be incorporated by reference modifies or supersedes such statement. Any such statement so modified or superseded will not be deemed, except as so modified or superseded, to be a part of this registration statement.

     

    Item 4. Description of Securities

     

    Not applicable.

     

    Item 5. Interests of Named Experts and Counsel

     

    Not applicable.

     

    Item 6. Indemnification of Directors and Officers

     

    The laws of the Cayman Islands do not limit the extent to which a company’s articles of association may provide for indemnification of directors and officers, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against civil fraud or the consequences of committing a crime.

     

    The Registrant’s amended and restated articles of association, adopted by its shareholders and effective on February 29, 2024 provides that, subject to the provisions of the Cayman Islands laws, directors and officers, past and present, will be entitled to indemnification from the Registrant against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred or sustained by such director or officer, other than by reason of his or her own dishonesty, willful default or fraud, in or about the conduct of the Registrant’s business or affairs (including as a result of any mistake of judgment) or in the execution or discharge of his or her duties, powers, authorities or discretions, including without prejudice to the generality of the foregoing, any costs, expenses, losses or liabilities incurred by such director or officer in defending (whether successfully or otherwise) any civil proceedings concerning the Registrant or its affairs in any court whether in the Cayman Islands or elsewhere. The Company has entered into indemnification agreements with each director of the Company.

     

    II-1

     

     

    Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the Registrant pursuant to the foregoing provisions, the Registrant has been informed that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

     

    Item 7. Exemption from Registration Claimed

     

    Not applicable.

     

    Item 8. Exhibits

     

    See the Index to Exhibits attached hereto.

     

    Item 9. Undertakings

     

    (a) The undersigned Registrant hereby undertakes:

     

    (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

     

    (i)to include any prospectus required by Section 10(a)(3) of the Securities Act;

     

      (ii) to reflect in the prospectus any facts or events arising after the effective date of this registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and
         
      (iii) to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to that information in the registration statement;  
         
      provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this registration statement.

     

    (2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

     

    (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

     

    (b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

     

    (c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

     

    II-2

     

     

    EXHIBIT INDEX

     

    Exhibit
    Number
      Description
         
    4.1   Amended and Restated Memorandum and Articles of Association of the Registrant, effective on February 29, 2024 (incorporated by reference to Exhibit 1.1 to the Shell Company Report on Form 20-F (File No. 001-41972), filed with the SEC on March 7, 2024)
         
    4.2   Specimen Class A Ordinary Share Certificate of BitFuFu Inc. (incorporated by reference to Exhibit 4.5 to the Registration Statement on Form F-4 (Reg. No. 333-276181), initially filed with the SEC on December 21, 2023)
         
    5.1**   Opinion of Harney Westwood & Riegels, Cayman Islands counsel to the Registrant, regarding the legality  of the ordinary shares being registered
         
    10.1*   Amended and Restated 2022 Share Incentive Plan
         
    23.1**   Consent of Harney Westwood & Riegels (included in Exhibit 5.1)
         
    23.2*   Consent of WWC, P.C.
         
    24.1**   Power of Attorney (included on signature page to the initial filing of this registration statement)
         
    107**   Filing Fee Table

     

    * Filed herewith.
    ** Previously filed.

     

    II-3

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Singapore, on June 3, 2025.

     

      BitFuFu Inc.
       
      By:  /s/ Leo Lu
        Name:  Leo Lu
        Title: Director, Chief Executive Officer

     

    Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

     

    Signature   Title   Date
             
    /s/ Leo Lu   Chairman of the Board of Directors and Chief Executive Officer   June 3, 2025
    Leo Lu   (Principal Executive Officer)    
             
    *   Chief Financial Officer   June 3, 2025
    Calla Zhao   (Principal financial and accounting officer)    
             
    *   Director   June 3, 2025
    Celine Lu        
             
    *   Independent Director   June 3, 2025
    Huaiyu Liu        
             
    *      Independent Director   June 3, 2025
    Yeeli Hua Zheng        
             
    *   Independent Director   June 3, 2025
    Joshua Kewei Cui        

     

    * By: /s/ Leo Lu  
     

    Leo Lu

    Attorney-in-fact

     

     

    II-4

     

     

    SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES

     

    Pursuant to the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of BitFuFu Inc. has signed this registration statement or amendment thereto in New York, New York on June 3, 2025.

     

      COGENCY GLOBAL INC.
       
      Authorized U.S. Representative
         
      By:  /s/ Colleen A. De Vries
        Name:  Colleen A. De Vries
        Title: Senior Vice President on behalf of Cogency Global Inc.

     

     

    II-5

     

     

    Get the next $FUFU alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FUFU

    DatePrice TargetRatingAnalyst
    11/6/2024$7.00Buy
    H.C. Wainwright
    More analyst ratings

    $FUFU
    Financials

    Live finance-specific insights

    See more
    • BitFuFu Reports Unaudited First Quarter 2025 Financial Results

      SINGAPORE, June 05, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. ("BitFuFu" or the "Company") (NASDAQ:FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited financial results for the quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Total revenue was $78.0 million, a decrease of 46.0% from $144.4 million in the same period of 2024. This decrease was primarily attributable to the Bitcoin ("BTC") mining "halving event" occurred in April 2024, increase in blockchain network difficulty and the temporary decrease in the Company's hashrate under management year-over-year.  Revenues from cloud-mining solutions, self-mining operations,

      6/5/25 6:00:23 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • BitFuFu to Report First Quarter 2025 Unaudited Financial Results on June 5, 2025

      SINGAPORE, May 29, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a world-leading Bitcoin miner and mining services innovator, today announced that it will release its unaudited financial results for the quarter ended March 31, 2025, before U.S. markets open on June 5, 2025. The Company's management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on Thursday, June 5, 2025 (8:00 P.M. Singapore Time on the same day). All participants must register in advance of the conference call using the link provided below. Upon registration, each participant will receive a confirmation email containing dial-in numbers and a unique acces

      5/29/25 8:00:00 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • BitFuFu Announces Full Year 2024 Unaudited Financial Results

      SINGAPORE, March 25, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. ("BitFuFu" or the "Company") (NASDAQ:FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudited financial results for the full year ended December 31, 2024.Full Year 2024 Financial Highlights Total revenue was US$463.3 million in 2024, representing an increase of 63.1% from US$284.1 million in 2023Revenue from cloud-mining solutions was US$271.0 million in 2024, representing an increase of 52.2% from US$178.0 million in 2023Revenue from Bitcoin self-mining operations was US$157.5 million in 2024, representing an increase of 57.2% from US$100.2 million in 2023Net income was US$

      3/25/25 6:00:00 AM ET
      $FUFU
      Finance: Consumer Services
      Finance

    $FUFU
    Leadership Updates

    Live Leadership Updates

    See more
    • BitFuFu Appoints Chief Financial Officer

      SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced the appointment of Ms. Calla Zhao as Chief Financial Officer, effective May 29, 2024. Ms. Calla Zhao has served as BitFuFu's financial controller since September 2021. Prior to joining BitFuFu, she served as head of finance at GGG Limited, an investment division of a conglomerate, from 2017 to 2021, and as an auditor at KPMG from 2005 to 2011. Ms. Zhao is a CPA and earned a Bachelor of Arts in Management from Peking University with a major in accounting. Mr. Leo Lu, Chief Executi

      5/31/24 6:00:00 AM ET
      $FUFU
      Finance: Consumer Services
      Finance

    $FUFU
    SEC Filings

    See more
    • SEC Form 6-K filed by BitFuFu Inc.

      6-K - Bitfufu Inc. (0001921158) (Filer)

      6/5/25 6:42:45 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • SEC Form 6-K filed by BitFuFu Inc.

      6-K - Bitfufu Inc. (0001921158) (Filer)

      6/4/25 8:25:36 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • SEC Form S-8 filed by BitFuFu Inc.

      S-8 - Bitfufu Inc. (0001921158) (Filer)

      6/3/25 4:06:03 PM ET
      $FUFU
      Finance: Consumer Services
      Finance

    $FUFU
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • BitFuFu Reports Unaudited First Quarter 2025 Financial Results

      SINGAPORE, June 05, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. ("BitFuFu" or the "Company") (NASDAQ:FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited financial results for the quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Total revenue was $78.0 million, a decrease of 46.0% from $144.4 million in the same period of 2024. This decrease was primarily attributable to the Bitcoin ("BTC") mining "halving event" occurred in April 2024, increase in blockchain network difficulty and the temporary decrease in the Company's hashrate under management year-over-year.  Revenues from cloud-mining solutions, self-mining operations,

      6/5/25 6:00:23 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • BitFuFu Announces May 2025 Bitcoin Mining and Operation Updates, Highlighting Record Hashrate of 34.1 EH/s

      Bitcoin production increased 91.4% month-over-month to 400 BTC.Total hashrate under management increased 20.5% month-over-month to 34.1 EH/s as of May 31, 2025.Total power capacity under management increased 15.0% month-over-month to 651 MW across five continents as of May 31, 2025. SINGAPORE, June 04, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. ("BitFuFu" or the "Company") (NASDAQ:FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited production and mining operation updates for May 2025. "To meet the continued strong demand for cloud mining services, in May we further expanded our hashrate and power capacity to record levels of 34.1 EH/s and 651 MW,

      6/4/25 8:00:00 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • BitFuFu to Report First Quarter 2025 Unaudited Financial Results on June 5, 2025

      SINGAPORE, May 29, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a world-leading Bitcoin miner and mining services innovator, today announced that it will release its unaudited financial results for the quarter ended March 31, 2025, before U.S. markets open on June 5, 2025. The Company's management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on Thursday, June 5, 2025 (8:00 P.M. Singapore Time on the same day). All participants must register in advance of the conference call using the link provided below. Upon registration, each participant will receive a confirmation email containing dial-in numbers and a unique acces

      5/29/25 8:00:00 AM ET
      $FUFU
      Finance: Consumer Services
      Finance

    $FUFU
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by BitFuFu Inc.

      SC 13G - Bitfufu Inc. (0001921158) (Subject)

      11/14/24 10:11:57 AM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G filed by BitFuFu Inc.

      SC 13G - Bitfufu Inc. (0001921158) (Subject)

      3/7/24 4:01:07 PM ET
      $FUFU
      Finance: Consumer Services
      Finance
    • SEC Form SC 13D filed by BitFuFu Inc.

      SC 13D - Bitfufu Inc. (0001921158) (Subject)

      3/7/24 4:01:09 PM ET
      $FUFU
      Finance: Consumer Services
      Finance

    $FUFU
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • H.C. Wainwright initiated coverage on BitFuFu with a new price target

      H.C. Wainwright initiated coverage of BitFuFu with a rating of Buy and set a new price target of $7.00

      11/6/24 6:25:26 AM ET
      $FUFU
      Finance: Consumer Services
      Finance