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Figure Technologies IPO target valuation is $4.1 billion, aiming to raise $526 million.
[Bitu] Blockchain lending institution Figure Technologies announced on Tuesday that its IPO target valuation is up to $4.13 billion. Figure and some of its existing investors plan to sell 26.3 million shares in the IPO, with an expected pricing between $18 and $20 per share, aiming to raise up to $526.3 million. Goldman Sachs, Jefferies, and Bank of America Securities are serving as the lead underwriters. Figure will be listed on Nasdaq under the ticker "FIGR".