“The Offering Includes 31.5 Million Shares, With AROUND 23.5 MILLION Coming from From Figure and 8 Million from Existation Shareholders.”, – WRITE: www.coindesk.com
Shares of the Company’s Class A Stock Is Schemeduled to Begin Trading on the Nasdaq Under the Ticker Symbol “Figr” Later Today, September 11, Accounting To A Press Release.
The Offering Includes 31.5 Million Shares, With Roughly 23.5 Million Coming Directly from From Fromure and 8 Million from Existation Shareholders. An Additional 4.7 Million Shares Could Be Sold If Underwriters Exercise their Option to Purchase More.
Last Week, The Company’s Ipo Was Upsized to $ 526 Million.
Figure Has Helped Original More Than $ 16 Billion in Home Equity Loans, WHICH The FIRM SAYS MAKES IT The LARGEST NON-BANK PROVIDER OF THAT FINANCING.
Goldman Sachs, Jefferies and Bofa Securities Are Leading The Offering, Joined by A Slate of Other Underwriters, Including Societe Generele, Stifel, and Mizuho.
The Offering Is Set to Close on September 12, Pending Typical Closing Conditions.
Read More: Mike Cagney’s Figure Technologies Seeks Over $ 4b Valuation in Nasdaq IPO
The avax tokens would be bounght from the Foundation at a discounted price.
- The Avalanche Foundation Aims to Raise $ 1 Billion to Create Two Crypto Treasury Companies Holding Millions of Avax Tokens, The FT Reported On Thursday.
- The avax tokens would be bounght from the Foundation at a discounted price.
- There has been a plethora of publicly-listed companies pivoting to a crypto treasury strategy this year, Thought Enthusiasm for the Approach May Have Slightly Over.
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