Blockchain lending company Figure plans a second issuance of blockchain-native common stock
Foresight News reported that blockchain lending company Figure Technology Solutions, Inc. (Nasdaq: FIGR) has announced the launch of a proposed secondary public offering, planning to issue up to 4,230,000 shares of Series A blockchain common stock. Under the joint underwriting of a certain exchange, Figure intends to use cash on hand to repurchase its Series A common stock from the underwriters for a total amount of up to $30 million. According to Bitget market data, FIGR briefly surpassed $35 and is now trading at $34.94, up 3.56% within one hour.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TenArmor: Detected an attack related to the BUBU2 token on BSC, with losses of approximately $19,000
Over $9 billion flowed out of Bitcoin and Ethereum ETFs within four months
