BUZZ-Figure Technology slips after pricing stock offering

Reuters02-18
BUZZ-Figure Technology slips after pricing stock offering

** Shares of blockchain lender Figure Technology FIGR.O fall 2.8% to $35.75 premarket after co announces pricing of secondary public offering

** Co to sell 4,375,000 shares of its Series A Blockchain Common Stock at a public offering price of $32.00 per share

** Offer implies a 13.3% discount to FIGR's last close of $36.91

** Goldman Sachs GS.N, Morgan Stanley MS.N and Cantor are acting as lead joint book-running managers

** FIGR announced preliminary Q4 revenue above analysts' estimates last week, per data compiled by LSEG

** FIGR stock has gained 13.6% since its debut in September 2025

(Reporting by Utkarsh Tushar Hathi)

((utkarshtushar.hathi@thomsonreuters.com))

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