Figure Technologies lists on Nasdaq, raising $787.5 million
Source: Binance
Time: 2025-09-11 17:25:02
Figure Technologies Class A shares, a blockchain lending platform founded by SoFi co-founder Mike Cagney, is scheduled to be listed on Nasdaq later on September 11 under the stock code "FIGR". Its initial public offering (IPO) is priced at $25 per share and is expected to raise $787.5 million.
The offering includes 31.5 million shares, of which approximately 23.5 million are directly from Figure and 8 million are from existing shareholders. An additional 4.7 million shares can be sold if the underwriter exercises the option to buy more shares. The company's IPO has previously expanded from $526 million to $693 million. The issuance is expected to be completed on September 12, but regular delivery conditions are subject to compliance.