Figure Technology Solutions Announces Private Offering of Senior Notes
Rhea-AI Summary
Figure Technology Solutions (Nasdaq: FIGR) plans a private offering of $600 million senior notes, subject to market and other conditions. The notes will be guaranteed by certain domestic subsidiaries.
Net proceeds are expected to fund the planned Kiavi acquisition, general corporate purposes, and offering-related fees, or general purposes if the acquisition does not close.
Positive
- Plans private offering of $600 million senior notes to raise capital
- Intends to use proceeds to fund Kiavi acquisition and corporate needs
- Senior notes to be guaranteed by certain domestic wholly owned subsidiaries
Negative
- Planned $600 million senior notes would increase debt obligations if completed
- Completion of notes offering is subject to market and other conditions
- If Kiavi acquisition is not completed, acquisition-related strategic use of proceeds may not occur
- Notes are unregistered and sold only to qualified institutional buyers or under Regulation S
News Market Reaction – FIGR
On the day this news was published, FIGR gained 1.47%, reflecting a mild positive market reaction. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $101M to the company's valuation, bringing the market cap to $6.98B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 29 | custody partnership | Positive | +0.8% | BitGo unit added qualified custody for Figure-issued YLDS security. |
| Jun 10 | acquisition agreement | Positive | -0.7% | Figure agreed to acquire Kiavi tech and platform in $717M deal. |
| Jun 04 | funding agreement | Positive | +1.1% | Cross River Bank committed up to $250M for crypto-backed loan assets. |
| Jun 02 | operating metrics | Positive | -3.5% | Figure reported strong May 2026 marketplace volumes and platform growth metrics. |
| May 29 | ecosystem milestone | Neutral | +1.8% | Raydium volume milestone highlighted Figure-led PRIME consortium home equity activity. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent Figure headlines have produced a mix of aligned and contrary price moves, with slightly more aligned reactions than divergences following positive operational and partnership updates.
Key Terms
senior notes financial
rule 144a regulatory
regulation s regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Figure Technology Solutions, Inc. (“Figure,” Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace for the origination, funding, sale and trading of tokenized assets, today announced that it intends to offer, subject to market and other conditions,
Figure intends to use the net proceeds from the Notes offering to fund the cash consideration payable in connection with the acquisition of Kiavi, an AI-powered lending platform for residential real estate investors (the “Kiavi Acquisition”), for general corporate purposes, and to pay fees and expenses related to the Notes offering. The completion of the offering of the Notes is not conditioned on the completion of the Kiavi Acquisition. If the Kiavi Acquisition is not completed, the net proceeds from the Notes offering will be used for general corporate purposes.
The Notes will be guaranteed, on a joint and several basis, by certain of Figure’s domestic wholly-owned subsidiaries. Consummation of the offering of the Notes is subject to market and other conditions, and there can be no assurance that Figure will be able to successfully complete this transaction on the terms described above, or at all.
The Notes will not be registered under the Securities Act, or any state securities laws. The Notes may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements under the Securities Act and applicable state securities laws. Accordingly, the Notes will be offered only (A) to persons reasonably believed to be “qualified institutional buyers” under Rule 144A of the Securities Act or (B) outside the United States to non-U.S. persons in compliance with Regulation S under the Securities Act.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Figure Technology Solutions, Inc.
Figure Technology Solutions, Inc. (Nasdaq: FIGR; OPEN: FGRS) is a blockchain-native capital marketplace that seamlessly connects origination, funding, and secondary market activity. More than 380 partners use its loan origination system and capital marketplace. Collectively, Figure and its partners have originated over
Figure is the market leader in real-world asset tokenization. The company has received AAA ratings from S&P and Moody’s on multiple loan securitizations, the first of its kind for blockchain finance.
Forward-Looking Statements
This press release contains forward looking statements, including statements related to the Notes offering described above. These statements are not historical facts but rather are based on Figure’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “would,” “should,” “predict,” “expects” and similar expressions are used to identify these forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause Figure’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause such differences include, but are not limited to: risks related to Figure’s business, financial condition, results of operations and liquidity; Figure’s ability to maintain, expand and enter into relationships with partners, customers, loan purchasers, financing sources and other market participants; Figure’s ability to develop, commercialize and achieve market acceptance of new products and services; the development, adoption and regulation of blockchain technology, digital assets and related markets; ability to maintain required licenses and regulatory approvals and comply with applicable laws and regulations; Figure’s access to funding, warehouse facilities, securitization markets and other financing sources; and risks related to the pending Kiavi Acquisition, including the timing and completion of the Kiavi Acquisition, satisfaction of closing conditions, receipt of required governmental and regulatory approvals, availability of financing, potential termination of the merger agreement, integration of Kiavi and realization of anticipated benefits, synergies and projected metrics. The foregoing factors, along with other risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements, are described in greater detail under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Figure’s Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere in, Figure’s Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K filed with the SEC, available free of charge on the SEC’s website at: www.sec.gov. Figure’s forward-looking statements speak only as of the date made, and it undertakes no obligation, other than as required by applicable law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.
Contact
press@figure.com
investors@figure.com
