Overview

• Figure sold 31.5 million shares after boosting the deal and pricing above the revised $20–$22 range.
• Roughly 23.5 million shares were offered by the company and about 8 million by existing holders, with a 30‑day option for 4.7 million more.
• The pricing implies a valuation near $5.3 billion, with Goldman Sachs, Jefferies and BofA Securities leading the underwriting.
• Duquesne Family Office indicated interest in purchasing up to $50 million of stock, according to offering documents.
• The blockchain‑native lender says it funds home‑equity loans in about 10 days versus an industry average of roughly 42, has originated over $16 billion, and reported a first‑half 2025 profit.