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Figure Technology: Levi and Lin report 7.4% stakes

Andre G. Levi and F. Hurst Lin each report shared voting and dispositive power over 13,658,261 FIGR Class A shares.

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Figure Technology Solutions, Inc. (FIGR) is the issuer in an amended Schedule 13G reporting beneficial ownership by investment entities and Andre G. Levi and F. Hurst Lin. Figure Investments, LLC directly owns 13,456,952 Class A shares, while DCM Opportunity Fund III, L.P. directly owns 201,309 shares. Levi and Lin each report shared voting and dispositive power over 13,658,261 shares, or 7.4% of the class. Reporting persons with 13,456,952 shares report 7.2%; the percentages use 185,672,153 shares outstanding as of August 7, 2026. The disclosures describe voting and dispositive authority exercised through the entities’ general-partner structure.

Shared voting and dispositive power 13,658,261 shares Reported separately by Andre G. Levi and F. Hurst Lin
Directly owned by Figure Investments, LLC 13,456,952 shares Class A common stock
Directly owned by DCM Opportunity Fund III, L.P. 201,309 shares Class A common stock
Reported ownership percentage 7.4% Andre G. Levi and F. Hurst Lin
Reported ownership percentage 7.2% Reporting persons with 13,456,952 shares
Reported ownership percentage 0.1% DCM Opportunity Fund III, L.P. reporting persons
Class A shares outstanding 185,672,153 shares As of August 7, 2026
beneficially owned regulatory
"Amount beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared Voting Power regulatory
"Shared Voting Power 13,658,261.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive power regulatory
"shared power to dispose of these shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FIGR shares do the reporting persons report?

Andre G. Levi and F. Hurst Lin each report shared voting and dispositive power over 13,658,261 FIGR Class A shares. Figure Investments, LLC directly owns 13,456,952 shares, and DCM Opportunity Fund III, L.P. directly owns 201,309 shares.

What percentage of FIGR does the amended Schedule 13G report?

Andre G. Levi and F. Hurst Lin each report 7.4%, while reporting persons with 13,456,952 shares report 7.2%. The percentages are based on 185,672,153 shares of Class A common stock outstanding as of August 7, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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349381103

(CUSIP Number)
09/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 201,309 shares, except that DCM Opportunity Fund Investment Management III, L.P. ("GP Opportunity III"), the general partner of DCM Opportunity Fund III, L.P. ("DCM Opportunity III"), and DCM Opportunity Fund International III, Ltd. ("UGP Opportunity III"), the general partner of GP Opportunity III, may be deemed to have sole power to vote these shares, and Andre G. Levi ("Levi") and F. Hurst Lin ("Lin"), the directors of UGP Opportunity III, may be deemed to have shared power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 201,309 shares, except that GP Opportunity III, the general partner of DCM III, and UGP Opportunity III, the general partner of GP Opportunity III, may be deemed to have sole power to dispose of these shares, and Levi and Lin, the directors of UGP Opportunity III, may be deemed to have shared power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 shares of Class A common stock outstanding of Figure Technology Solutions, Inc. (the "Issuer") as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 201,309 shares, all of which are directly owned by DCM Opportunity III. GP Opportunity III, the general partner of DCM Opportunity III, may be deemed to have sole power to vote these shares, except that UGP Opportunity III, the general partner of GP Opportunity III, may be deemed to have sole power to vote these shares and Levi and Lin, the directors of UGP Opportunity III, may be deemed to have shared power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 201,309 shares, all of which are directly owned by DCM Opportunity III. GP Opportunity III, the general partner of DCM Opportunity III, may be deemed to have sole power to dispose of these shares, except that UGP Opportunity III, the general partner of GP Opportunity III, may be deemed to have sole power to dispose of these shares, and Levi and Lin, the directors of UGP Opportunity III, may be deemed to have shared power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 shares of Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 201,309 shares, all of which shares are directly owned by DCM Opportunity III. UGP Opportunity III is the general partner of GP Opportunity III, the general partner of DCM Opportunity III, and may be deemed to have sole power with respect to such shares, except that GP Opportunity III, the general partner of DCM Opportunity III, may be deemed to have sole power to vote these shares and Levi and Lin, the directors of UGP Opportunity III, may be deemed to have shared power to vote these shares. Note to Row 6: See response to row 5. Note to Row 7: 201,309 shares, all of which shares are directly owned by DCM Opportunity III. UGP Opportunity III is the general partner of GP Opportunity III, the general partner of DCM Opportunity III, and may be deemed to have sole power to dispose of these shares, except that GP Opportunity III, the general partner of DCM Opportunity III, may be deemed to have sole power to dispose of these shares, and Levi and Lin, the directors of UGP Opportunity III, may be deemed to have shared power to dispose of these shares. Note to Row 8: See response to row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 shares of Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 13,456,952 shares, except that DCM Ventures China Fund (DCM VIII), L.P. ("DCM VIII"), the majority voting member of Figure Investments, LLC ("Figure SPV"), DCM Investment Management VIII, L.P. ("GP VIII"), the general partner of DCM VIII, and DCM International VIII, Ltd. ("UGP VIII"), the general partner of GP VIII, may be deemed to have sole power to vote these shares, and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to vote these shares. The members of Figure SPV are DCM VIII, DCM VIII, L.P. ("Side Fund VIII") and DCM Affiliates Fund VIII, L.P. ("Affiliates Fund VIII"), DCM VIII, Side Fund VIII and Affiliates Fund VIII are all under common control and each of DCM VIII, Side Fund VIII and Affiliates Fund VIII may receive proceeds from a disposition of these shares in proportion to their percentage interests in Figure SPV. Note to Row 6: See response to Row 5. Note to Row 7: 13,456,952 shares, except that DCM VIII, the majority voting member of Figure SPV, GP VIII, the general partner of DCM VIII, and UGP VIII, the general partner of GP VIII, may be deemed to have sole power to dispose of these shares, and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to dispose of these shares. The members of Figure SPV are DCM VIII, Side Fund VIII and Affiliates Fund VIII, DCM VIII, Side Fund VIII and Affiliates Fund VIII are all under common control and each of DCM VIII, Side Fund VIII and Affiliates Fund VIII may receive proceeds from a disposition of these shares in proportion to their percentage interests in Figure SPV. Note to Row 8: See response to Row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 13,456,952, all of which shares are directly owned by Figure SPV. DCM VIII, the majority voting member of Figure SPV, GP VIII, the general partner of DCM VIII, and UGP VIII, the general partner of GP VIII, may be deemed to have sole power to vote these shares, and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to vote these shares. The members of Figure SPV are DCM VIII, Side Fund VIII and Affiliates Fund VIII, DCM VIII, Side Fund VIII and Affiliates Fund VIII are all under common control and each of DCM VIII, Side Fund VIII and Affiliates Fund VIII may receive proceeds from a disposition of these shares in proportion to their percentage interests in Figure SPV. Note to Row 6: See response to Row 5. Note to Row 7: 13,456,952, all of which shares are directly owned by Figure SPV. DCM VIII, the majority voting member of Figure SPV, GP VIII, the general partner of DCM VIII, and UGP VIII, the general partner of GP VIII, may be deemed to have sole power to dispose of these shares, and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to dispose of these shares. The members of Figure SPV are DCM VIII, Side Fund VIII and Affiliates Fund VIII, DCM VIII, Side Fund VIII and Affiliates Fund VIII are all under common control and each of DCM VIII, Side Fund VIII and Affiliates Fund VIII may receive proceeds from a disposition of these shares in proportion to their percentage interests in Figure SPV. Note to Row 8: See response to Row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 13,456,952, all of which shares are directly owned by Figure SPV. GP VIII is the general partner of DCM VIII, the majority voting member of Figure SPV, and may be deemed to have sole power to vote these shares, except that UGP VIII, the general partner of GP VIII, may be deemed to have sole power to vote these shares, and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to vote these shares. Note to Row 6: See response to Row 5. Note to Row 7: 13,456,952, all of which shares are directly owned by Figure SPV. GP VIII is the general partner of DCM VIII, the majority voting member of Figure SPV, and may be deemed to have sole power to dispose of these shares, except that UGP VIII, the general partner of GP VIII, may be deemed to have sole power to dispose of these shares, and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to dispose of these shares. Note to Row 8: See response to Row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: 13,456,952, all of which shares are directly owned by Figure SPV. UGP VIII is the general partner of GP VIII, the general partner of DCM VIII, the dispositive voting member of Figure SPV, and may be deemed to have sole voting power with respect to such shares, except GP VIII, the general partner of DCM VIII, and DCM VIII, the dispositive voting member of Figure SPV, may be deemed to have sole power to vote these shares and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to vote these shares. Note to Row 6: See response to Row 5. Note to Row 7: 13,456,952, all of which shares are directly owned by Figure SPV. UGP VIII is the general partner of GP VIII, the general partner of DCM VIII, the dispositive voting member of Figure SPV, and may be deemed to have sole voting power with respect to such shares, except GP VIII, the general partner of DCM VIII, and DCM VIII, the dispositive voting member of Figure SPV, may be deemed to have sole power to dispose of these shares and Levi and Lin, the directors of UGP VIII, may be deemed to have shared power to dispose of these shares. Note to Row 8: See response to Row 7. Note to Row 11: This percentage is calculated based upon 185,672,153 Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 6: 13,658,261, of which 13,456,952 are directly owned by Figure SPV and 201,309 are directly owned by DCM Opportunity III. Levi is a director of each of UGP VIII, the general partner of GP VIII, which is the general partner of each of DCM VIII, Side Fund VIII and Affiliates Fund VIII, the members of Figure SPV, and UGP Opportunity III, the general partner of GP Opportunity III, which is the general partner of DCM Opportunity III, and may be deemed to have shared power to vote these shares. Note to Row 8: 13,658,261, of which 13,456,952 are directly owned by Figure SPV and 201,309 are directly owned by DCM Opportunity III. Levi is a director of each of UGP VIII, the general partner of GP VIII, which is the general partner of each of DCM VIII, Side Fund VIII and Affiliates Fund VIII, the members of Figure SPV, and UGP Opportunity III, the general partner of GP Opportunity III, which is the general partner of DCM Opportunity III, and may be deemed to have shared power to dispose of these shares. Note to Row 11: This percentage is calculated based upon 185,672,153 shares of Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 6: 13,658,261, of which 13,456,952 are directly owned by Figure SPV and 201,309 are directly owned by DCM Opportunity III. Lin is a director of each of UGP VIII, the general partner of GP VIII, which is the general partner of each of DCM VIII, Side Fund VIII and Affiliates Fund VIII, the members of Figure SPV, and UGP Opportunity III, the general partner of GP Opportunity III, which is the general partner of DCM Opportunity III, and may be deemed to have shared power to vote these shares. Note to Row 8: 13,658,261, of which 13,456,952 are directly owned by Figure SPV and 201,309 are directly owned by DCM Opportunity III. Lin is a director of each of UGP VIII, the general partner of GP VIII, which is the general partner of each of DCM VIII, Side Fund VIII and Affiliates Fund VIII, the members of Figure SPV, and UGP Opportunity III, the general partner of GP Opportunity III, which is the general partner of DCM Opportunity III, and may be deemed to have shared power to dispose of these shares. Note to Row 11: This percentage is calculated based upon 185,672,153 shares of Class A common stock outstanding of the Issuer as of August 7, 2026, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13G



DCM Opportunity Fund III, L.P.
Signature:/s/ Andre G. Levi
Name/Title:By DCM Opportunity Fund International III, Ltd., the General Partner of the General Partner, Andre G. Levi, Director
Date:11/02/2026
DCM Opportunity Fund Investment Management III, L.P.
Signature:/s/ Andre G. Levi
Name/Title:By DCM Opportunity Fund International III, Ltd., its General Partner, Andre G. Levi, Director
Date:11/02/2026
DCM Opportunity Fund International III, Ltd.
Signature:/s/ Andre G. Levi
Name/Title:Andre G. Levi, Director
Date:11/02/2026
Figure Investments, LLC
Signature:/s/ Andre G. Levi
Name/Title:Andre G. Levi, Chief Financial Officer
Date:11/02/2026
DCM Ventures China Fund (DCM VIII), L.P.
Signature:/s/ Andre G. Levi
Name/Title:By DCM International VIII, Ltd., the General Partner of the General Partner, Andre G. Levi, Director
Date:11/02/2026
DCM Investment Management VIII, L.P.
Signature:/s/ Andre G. Levi
Name/Title:By DCM International VIII, Ltd., its General Partner, Andre G. Levi, Director
Date:11/02/2026
DCM International VIII, Ltd.
Signature:/s/ Andre G. Levi
Name/Title:Andre G. Levi, Director
Date:11/02/2026
Andre G. Levi
Signature:/s/ Andre G. Levi
Name/Title:Andre G. Levi
Date:11/02/2026
F. Hurst Lin
Signature:/s/ Andre G. Levi
Name/Title:Andre G. Levi, Attorney-In-Fact*
Date:11/02/2026

Comments accompanying signature: * Signed pursuant to a Power of Attorney included at Exhibit B hereto.
Exhibit Information

Exhibit A Agreement of Joint Filing Exhibit B Power of Attorney

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