Odaily Planet Daily News Blockchain lending platform Figure Technology Solutions announced details of its initial public offering (IPO). It is reported that 26,315,789 Class A common shares were issued, of which 21,461,085 shares were issued by Figure and 4,854,704 shares were issued by some selling shareholders. The IPO price is expected to be between US$18.00 and US$20.00 per share. Figure will not receive any proceeds from any sale of shares by the selling shareholders. Figure expects to grant the underwriters a 30-day option to purchase up to 3,947,368 additional Class A common shares at the IPO price less underwriting discounts and commissions. In addition, Figure has applied to list its Class A common stock on the Nasdaq Global Select Market under the stock code "FIGR." (Businesswire)