Figure Technology Solutions, Inc. Class A Common Stock

Figure Technology Solutions, Inc. (Figure) is a financial technology company building blockchain-based platforms for consumer credit and digital assets markets. Its proprietary Loan Origination System (LOS) enables fast, automated HELOC originations with median funding in 10 days versus industry 42 days, reducing costs to $730 per loan from $11,230 industry average. Figure operates Figure-branded and Partner-branded channels, facilitating $5.9 billion Ecosystem Volume in 2024 (up 75% YoY). Key products include Figure Connect marketplace ($2.4 billion traded since June 2024), DART lien registry, Figure Exchange ($1B+ volume), and YLDS interest-bearing stablecoin. For nine months ended September 30, 2025, Figure reported $347M net revenue (up 35% YoY), $119M net income, and $170M Adjusted EBITDA. This S-1/A registers up to 4,230,000 shares of Series A Blockchain Common Stock (convertible 1:1 to Class A Common Stock) at an undisclosed price, with selling stockholders selling equivalent Class A shares to underwriters; proceeds fund Company purchase of those shares. Company intends $30M share repurchase. Figure goes public to fund growth, expand products like OPEN blockchain equity network, and capitalize on $785B addressable market in consumer credit and tokenization, leveraging 246 partners, regulatory licenses, and blockchain infrastructure for efficiency and liquidity.

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