other material
confidence high
sentiment neutral
materiality 0.70
Figure Technology Solutions (FIGR) creates Series A Blockchain Stock and closes secondary offering
Figure Technology Solutions, Inc.
- On Feb 12, 2026, Figure filed a certificate of designation creating Series A Blockchain Common Stock, ranking pari passu with Class A common stock.
- Blockchain Stock carries one vote per share, votable via Provenance Blockchain wallets, and is convertible into Class A Common Stock at any time.
- On Feb 18, 2026, the company closed a secondary offering of 4,687,500 Class A shares by selling stockholders and sold 4,375,000 Blockchain Shares.
- Underwriters for the offering included Goldman Sachs, Morgan Stanley, and Cantor Fitzgerald & Co.
- The Blockchain Shares were registered under Forms S-1 (File Nos. 333-291591 and 333-293539).