secwatch.observer — SEC 8-K summary
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Issuer:     Figure Technology Solutions, Inc. (FIGR)
CIK:        0002064124
Form:       8-K
Filed at:   2026-06-10T20:52:13+00:00
Accession:  0001493152-26-028126
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2064124/000149315226028126/0001493152-26-028126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2064124/000149315226028126/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-028126

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