Overview

• The offering totals about 26.3 million shares, including roughly 21.5 million new shares and 4.9 million from selling stockholders, at an expected price range of $18 to $20.
• Figure applied to list under the ticker FIGR with Goldman Sachs, Jefferies and BofA Securities as lead underwriters and a 30‑day overallotment option included.
• A registration statement has been filed with the SEC but is not yet effective, so shares cannot be sold until the registration becomes effective.
• Co‑founder Mike Cagney will retain majority voting control through Class B shares with 10 votes each, and the prospectus outlines a four‑year founder retention award.
• The company reported net income of about $29 million for the first half of 2025 and says its platform has supported roughly $16–17 billion in home‑equity loan originations.