other_material
confidence high
sentiment positive
materiality 0.90
Figure Technology Solutions closes IPO of 36.2M shares at $25/share, raising $705.8M
Figure Technology Solutions, Inc.
- Company sold 28.2M shares, including 4.7M from full exercise of underwriters' option; selling stockholders sold 8.0M shares.
- Gross proceeds to company of $705.8M before underwriting discounts and expenses.
- Second amended and restated articles of incorporation and bylaws became effective at closing.
- Class A common stock trades on Nasdaq under ticker FIGR.
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