🚀 Figure Plans to Expand IPO Amid Price Adjustment
#Figure #IPO #Stablecoin #FigureIPO #IPOExpansion #ShareIncrease #ShareCount #PriceAdjustment #PricingChange #PublicOffering
According to Foresight News, sources indicate that stablecoin issuer Figure is planning to increase the size of its initial public offering (IPO). The company intends to raise the number of shares from 26 million to 31.5 million. Additionally, the IPO price range is set to be adjusted from $18-$20 to $20-$22.#Figure #IPO #Stablecoin #FigureIPO #IPOExpansion #ShareIncrease #ShareCount #PriceAdjustment #PricingChange #PublicOffering
🚀 Figure Technologies Sets IPO Price at $25 Per Share, Aiming to Raise $787.5 Million
#FigureTechnologies #IPO #IPOPrice #FIGR #Nasdaq #SoFi #MikeCagney #Blockchain #Lending #FigureIPO
According to PANews, blockchain lending platform Figure Technologies, founded by SoFi co-founder Mike Cagney, has priced its initial public offering (IPO) at $25 per share, with an expected total raise of $787.5 million. The company's Class A shares are scheduled to begin trading on the Nasdaq under the ticker symbol 'FIGR' later today, September 11. The offering includes 31.5 million shares, with approximately 23.5 million shares directly from Figure and 8 million shares from existing shareholders. An additional 4.7 million shares may be sold if underwriters exercise their option to purchase more stock. Last week, the IPO size was increased to $526 million. The offering is anticipated to be completed by September 12, subject to customary closing conditions.#FigureTechnologies #IPO #IPOPrice #FIGR #Nasdaq #SoFi #MikeCagney #Blockchain #Lending #FigureIPO