Blockchain loan company IPO price is $25 per share, raising nearly $788 million
Source: CoinWorld
Time: 2025-09-11 16:23:36
Figure Technologies was founded by SoFi co-founder Mike Cagney, whose IPO is priced at $25 per share and raised $787.5 million. The company will be listed on Nasdaq today (September 11) under the stock code "FIGR". The issuance totals 31.5 million shares, and underwriters can choose to subscribe to an additional 4.7 million shares. Figure has issued over $16 billion in home equity loans and is the largest non-bank loan provider. Goldman Sachs, Jefferies and Bank of America Securities will lead the issuance, which will be completed on September 12.