NEW YORK–(BUSINESS WIRE)–Figure Technology Solutions, Inc. (“Figure”) today announced it has upsized its initial public offering from 26,315,789 shares of Class A common stock to 31,500,000 shares of Class A common stock, of which 26,645,296 shares are being offered by Figure and 4,854,704 shares are being offered by certain of Figure’s existing stockholders, and increased the expected price range from $18.00-$20.00 to $20.00-$22.00 per share. Figure intends to grant the underwriters a 30-day option to purchase up to an additional 4,725,000 shares of its Class A common stock, at the initial public offering price, less underwriting discounts and commissions. Figure will not receive any proceeds from the sale of shares by the selling stockholders.
The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or other terms of the offering. Figure has applied to list its Clas
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