Latham Represents Figure Technology Solutions, Inc. in US$787.5 Million IPO
Figure Technology Solutions, Inc. (Figure), a blockchain-native capital marketplace that seamlessly connects origination, funding, and secondary market activity, has announced the pricing of its initial public offering of 31,500,000 shares of its Class A common stock at a public offering price of US$25 per share. The shares of Class A common stock began trading on the Nasdaq Global Select Market on September 11, 2025, under the ticker symbol “FIGR.” The offering is expected to close on September 12, 2025, subject to satisfaction of customary closing conditions.
Latham & Watkins LLP represents Figure in the offering with a Capital Markets team led by partners Marc Jaffe, Ian Schuman, and Adam Gelardi, with associates Sandy Kugbei, Alex Gulino, and Skye Lee. Advice was also provided on executive compensation, employment, and benefits matters by partner Bradd Williamson, with associates Alisa Hand and Hayden Rutledge; on public company representation matters by counsel Emily Corbi, with associate Hamna Ahmad; on data privacy and cybersecurity matters by partner Robert Blamires, with associate Deborah Hinck; on payment regulation matters by partner Parag Patel, with associate Mikhail Bushinski; on CFTC regulatory matters by partner Yvette Valdez, with associates Adam Fovent and Mia Stefanou; on SEC, broker-dealer, and alternative trading system (ATS) matters by partner Stephen Wink and counsel Naim Culhaci; on Investment Adviser Act matters by partners Laura Ferrell and Aaron Gilbride, with associate Daniel Filstrup; on tax matters by partner Andrea Ramezan-Jackson, with associate Shiyi Parsons; on intellectual property matters by partner Pelin Serpin, with associate Alisha Agrawal; and on compliance matters by partner Eric Volkman, with associates Eric Green and Leandra Joseph.