Latham Advises on Figure Technology Solutions’ Secondary Offering of Class A Common Stock and Blockchain-Native Common Stock

Figure Technology Solutions, Inc. (Nasdaq: FIGR), the leading blockchain native capital marketplace for the origination, funding, sale, and trading of tokenized assets, announced the pricing and upsizing of a secondary public offering of 4,375,000 shares of its Series A blockchain common stock, representing an increase of 145,000 shares from the initial offering size, at a public offering price of US$32 per share. The offering is expected to close on February 18, 2026, subject to the satisfaction of customary closing conditions. Figure has also agreed to repurchase from the underwriters 312,500 shares of its Class A common stock that are subject to the offering for an aggregate price of approximately US$10 million. The closing of this share repurchase is conditioned on, and expected to occur simultaneously with, the closing of the offering. The offering is not conditioned upon the completion of this share repurchase.

Latham & Watkins LLP represents the underwriters in the offering with a Capital Markets team led by partners Marc Jaffe, Ian Schuman, Adam Gelardi, and Sandy Kugbei, with associates Alex Gulino and Rachel Moore. Advice was also provided on fintech and payment regulation matters by partner Stephen Wink and counsel Naim Culhaci; on compensation and benefits matters by partners Bradd Williamson and Alisa Hand, with associate Hayden Rutledge; on public company representation matters by counsel Emily Corbi; and on FINRA matters by partner Gail Neely.