Figure (FIGR) Technology Solutions priced its initial public offering of 31.5M shares at a public offering price of $25.00 per share. The offering consists of 23,506,605 shares of class A common stock offered by Figure and 7,993,395 shares of class A common stock offered by certain of Figure’s existing stockholders. The deal priced above the $20.00-$22.00 target range. Goldman Sachs, Jefferies and BofA are acting as joint book running managers for the offering. Figure, a blockchain-native capital marketplace that connects origination, funding, and secondary market activity, notes that collectively Figure and its partners have originated over $16B of home equity to date, among other products.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.