Figure Technology files draft registration statement for proposed initial public offering

According to Jinse Finance, fintech company Figure Technology announced today that it has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), proposing an initial public offering (IPO) of its Class A common stock. The number of shares to be offered and the price range have not yet been determined. The proposed offering is subject to market and other conditions, and there is no guarantee as to whether or when the offering will be completed, nor as to the actual size or terms of the offering. Figure has applied to list its Class A common stock on the Nasdaq Global Market under the ticker symbol "FIGR." Goldman Sachs & Co. LLC, Jefferies, and BofA Securities are acting as lead book-running managers.