---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-028126"
form_type: "8-K"
ticker: "FIGR"
cik: "0002064124"
company_name: "Figure Technology Solutions, Inc."
filed_at: "2026-06-10T20:52:13+00:00"
generated_at: "2026-06-10T20:53:12.160385+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Figure Tech Solutions to acquire Kiavi for $532.4M cash; secures $600M bridge financing

## Summary
- Cash consideration of $532,426,000, subject to adjustments for cash, debt, expenses, and working capital.
- Bridge loan facility of up to $600 million committed by Bank of America and Barclays for financing.
- Closing conditions include HSR clearance, Kiavi stockholder approval, and no material adverse effect.
- Mutual termination rights; Figure may pay $25M termination fee under certain circumstances.
- Merger expected to close by November 30, 2026, subject to satisfaction of all conditions.

## SEC filing metadata
- accession: 0001493152-26-028126
- form_type: 8-K
- ticker: FIGR
- cik: 0002064124
- company_name: Figure Technology Solutions, Inc.
- filed_at: 2026-06-10T20:52:13+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2064124/000149315226028126/0001493152-26-028126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2064124/000149315226028126/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-028126
- JSON: https://secwatch.observer/filing/0001493152-26-028126.json
- Plain text: https://secwatch.observer/filing/0001493152-26-028126.txt

## Key facts
- Material Agreements
  Figure Technology Solutions, Inc. entered into Agreement and Plan of Merger with Kiavi, Inc. valued at $532,426,000 million in cash, subject to certain customary adjustments (effective 2026-06-10).
  - Action: entry
  - Agreement: merger
  - Counterparty: Kiavi, Inc.
  - Value: $532,426,000 million in cash, subject to certain customary adjustments
  - Effective: 2026-06-10
  source text: On June 10, 2026, Figure Technology Solutions, Inc., a Nevada corporation (the " Company "), entered into an Agreement and Plan of Merger (the " Merger Agreement "), by and among the Company, Project Mason Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of the Company (" Merger Sub "), Kiavi, Inc., a Delaware corporation (" Kiavi "), and Fortis Advisors LLC, in its capacity as the lawful and exclusive representative, agent, proxy, and attorney-in-fact (with full power of substitution) for and on behalf of the securityholders of Kiavi, pursuant to which, subject to the terms and conditions set forth therein, Merger Sub will merge with and into Kiavi (the " Merger "), with Kiavi surviving such Merger as a wholly owned subsidiary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2064124/000149315226028126/0001493152-26-028126-index.htm
- Material Agreements
  Figure Technology Solutions, Inc. entered into Commitment Letter for 364-day bridge loan facility with Bank of America, N.A., BofA Securities, Inc. and Barclays Bank PLC valued at $600 million bridge loan facility (effective 2026-06-10).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., BofA Securities, Inc. and Barclays Bank PLC
  - Value: $600 million bridge loan facility
  - Effective: 2026-06-10
  source text: In connection with, and concurrently with the entry into the Merger Agreement, the Company entered into a commitment letter with Bank of America, N.A., BofA Securities, Inc. and Barclays Bank PLC, pursuant to which Bank of America, N.A. and Barclays Bank PLC have committed, subject to the satisfaction of customary conditions, to provide the Company with a 364-day bridge loan facility in an amount not to exceed $600 million (the " Facility "), a copy of which is attached hereto as Exhibit 10.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2064124/000149315226028126/0001493152-26-028126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.