Figure Acquisition I, a blank check company formed by Figure Technologies targeting fintech and financial services, raised $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company originally filed with third-warrants before lowering that to quarter warrants, in a...read more
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Fintech SPAC Figure Acquisition I prices $250 million IPO; led by former SoFi CEO
Figure Acquisition I, a blank check company formed by Figure Technologies targeting fintech and financial services, raised $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company originally filed with third-warrants before lowering that to quarter warrants, in a...read more