secwatch.observer — SEC 8-K summary
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Issuer:     Figure Technology Solutions, Inc. (FIGR)
CIK:        0002064124
Form:       8-K
Filed at:   2026-09-01T12:00:26+00:00
Accession:  0001493152-26-040931
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Figure Technology completes $590M acquisition of Kiavi, funded by $600M notes
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- Closed Sept 1, 2026; Kiavi now wholly owned subsidiary; cash consideration ~$590M net of cash acquired.
- Funded primarily by $600M 8.500% Senior Notes due 2031 issued July 14, 2026.
- Repaid Kiavi's Third Amended Credit Agreement and terminated Deutsche Bank master repurchase agreement at closing.
- Acquired Kiavi's technology platform and DSCR loans; subject to customary working capital adjustments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2064124/000149315226040931/0001493152-26-040931-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2064124/000149315226040931/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-040931

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