Figure seeks $526 million valuation in U.S. IPO as blockchain lender joins market rush

Figure seeks $526 million valuation in U.S. IPO as blockchain lender joins market rush

(Reuters) -Blockchain lender Figure Technologies and its selling shareholders aim to raise up to $526.32 million in a U.S. initial public offering, the company said Tuesday, as market optimism drives a wave of new listings. The company plans to sell 21.46 million shares, while the selling shareholders will offer 4.85 million shares, at an indicative price range of $18 to $20 per share. A buoyant equity market and strong recent debuts have helped…

Real-World Asset Tokenization Firm Figure Seeks $526 Million in IPO - Coin Surges

Figure Technology Solutions Inc. and certain backers are seeking to raise $526 million in an initial public offering (IPO), planning to offer 21.5 million shares and sell 4.9 million more at a proposed range of $18 to $20 per share, the company said in an SEC filing. At the top of the range the offering […] Read Entire Article The post Real-World Asset Tokenization Firm Figure Seeks $526 Million in IPO appeared first on Coin Surges.

Real-World Asset Tokenization Firm Figure Seeks $526 Million in IPO

Figure Technology Solutions Inc. and certain backers are seeking to raise $526 million in an initial public offering (IPO), planning to offer 21.5 million shares and sell 4.9 million more at a proposed range of $18 to $20 per share, the company said in an SEC filing. At the top of the range the offering […]

Blockchain Lender Joins Crypto IPO Wave With $526M Raise Target » News.ng

Blockchain fintech company Figure Technology Solutions is preparing to go public, targeting a $4.3 billion valuation through a $526 million initial public offering (IPO). The San Francisco-based firm disclosed in its SEC filing that it will offer 21.5 million shares priced between $18 and $20, with 4.9 million of those shares coming from existing investors. The company expects to finalise the pricing on September 10. The figure has rapidly scale…

Figure Technology Seeks valuation of $4.1 billion in its IPO as the Crypto listing wave Grows - The Cryptocurrency Post

Figure Technology announces an IPO with the intention of raising capital to strengthen its position in the blockchain sector. The company seeks a valuation near $4.13 billion and, according to its SEC filing, aims to obtain up to $526 million via a Nasdaq offering under the ticker FIGR. Details of the offering The preliminary prospectus shows a price range per share of $18 – $20 and a possibility of issuing around 26.3 million shares. The offeri…

Figure Technology targets $526M in IPO amid crypto listing wave

Figure Technology Solutions targets a $526M IPO at a $4.3B valuation, joining a wave of crypto firms heading to public markets amid surging demand for blockchain-based financial services.