Figure Technology Solutions (NASDAQ: FIGR) announced on Nov 13, 2025 that it confidentially submitted a draft Form S-1 to the SEC for a proposed public offering of its Series A Blockchain Common Stock (Tokenized Stock).
The Tokenized Stock will trade on Figure’s alternative trading system (not on legacy exchanges), be delivered to wallets on the Provenance blockchain, and is convertible into Class A common stock on a one-for-one basis. The offering is described as 100% synthetic secondary and therefore stated to be non-dilutive. Number of shares and price range have not been determined; the offering is subject to market conditions and SEC review.
Figure Technology Solutions (NASDAQ: FIGR) ha annunciato il 13 novembre 2025 di aver presentato in via riservata una bozza di Form S-1 alla SEC per una prevista offerta pubblica di Azioni ordinarie Blockchain Serie A (Tokenized Stock).
Lo Tokenized Stock verrà negoziato sul sistema di trading alternativo di Figure (e non sugli scambi tradizionali), sarà consegnato ai portafogli sulla blockchain Provenance ed è convertibile in azioni ordinarie di Classe A su base uno a uno. L’offerta è descritta come 100% secondario sintetico e quindi dichiarata non diluitiva. Il numero di azioni e l’intervallo di prezzo non sono stati determinati; l’offerta è soggetta alle condizioni di mercato e alla revisione della SEC.
Figure Technology Solutions (NASDAQ: FIGR) anunció el 13 de noviembre de 2025 que presentó confidencialmente un borrador de Form S-1 ante la SEC para una posible oferta pública de sus Acciones Comunes de Blockchain Serie A (Acciones tokenizadas).
Las Acciones Tokenizadas se comerciarán en el sistema de negociación alternativo de Figure (no en las bolsas tradicionales), se entregarán a carteras en la cadena de bloques Provenance y son convertibles a acciones ordinarias de Clase A en una base uno por uno. La oferta se describe como 100% sintética secundaria y, por tanto, se indica que no es dilutiva. Aún no se ha determinado el número de acciones ni el rango de precios; la oferta está sujeta a condiciones de mercado y a la revisión de la SEC.
Figure Technology Solutions (NASDAQ: FIGR)는 2025년 11월 13일에 SEC에 비밀리에 시리즈 A 블록체인 보통주(토큰화 주식)의 초안 Form S-1을 제출했다고 발표했습니다.
토큰화 주식은 Figure의 대체 거래 시스템에서 거래되며(전통 거래소가 아니고), 프로비던스 블록체인의 지갑으로 전달되고, 일대일 비율로 클래스 A 보통주로 전환됩니다. 이 공모는 100% 합성형 2차로 설명되며 따라서 비희석적이라고 밝혀졌습니다. 주식 수와 가격 범위는 결정되지 않았으며, 공모는 시장 여건과 SEC 심사에 따라 달라집니다.
Figure Technology Solutions (NASDAQ: FIGR) a annoncé le 13 novembre 2025 avoir soumis confidentiellement un projet de Formulaire S-1 à la SEC en vue d’une éventuelle offre publique de ses Actions ordinaires Blockchain Série A (Actions tokenisées).
Les Actions tokenisées seront négociées sur le système de négociation alternatif de Figure (et non sur les bourses traditionnelles), seront livrées dans les portefeuilles sur la chaîne de blocs Provenance, et sont convertibles en actions ordinaires de Classe A sur une base un pour un. L’offre est décrite comme 100% secondaire synthétique et est donc déclarée non dilutive. Le nombre d’actions et la plage de prix n’ont pas été déterminés; l’offre est soumise aux conditions du marché et à l’examen de la SEC.
Figure Technology Solutions (NASDAQ: FIGR) gab am 13. November 2025 bekannt, dass es vertraulich einen Entwurf des Formulars S-1 bei der SEC für ein vorgeschlagenes öffentliches Angebot seiner Series A Blockchain Stammaktien (Tokenisierte Aktie) eingereicht hat.
Die tokenisierte Aktie wird an Figure’s Alternative Trading System gehandelt (nicht an herkömmlichen Börsen), in Wallets auf der Provenance-Blockchain geliefert und ist auf einer eins zu eins Basis in Stammaktien der Klasse A umwandelbar. Das Angebot wird als 100% synthetische Sekundärhandlung beschrieben und daher als nicht verwässernd angegeben. Die Anzahl der Aktien und der Preisbereich wurden noch nicht festgelegt; das Angebot unterliegt den Marktbedingungen und der Prüfung durch die SEC.
Figure Technology Solutions (NASDAQ: FIGR) أعلنت في 13 نوفمبر 2025 أنها قد قدمت بشكل سري مسودة النموذج S-1 إلى هيئة الأوراق المالية والبورصات الأمريكية (SEC) من أجل عرض عام مقترح لــ أسهم سلسلة أ(Blockchain Common Stock) رقم 1 (Tokenized Stock).
سيتم تداول أسهم التوكن (Tokenized Stock) على نظام التداول البديل لشركة Figure (وليس في البورصات التقليدية)، وسيتم توصيلها إلى المحافظ على سلسلة Provenance blockchain، وهي قابلة للتحويل إلى أسهم فئة A العادية على أساس واحد لواحد. ويُوصف العرض بأنه ثانوي اصطناعي 100% وبالتالي يذكر بأنه غير مخفَّض. لم تحدد بعد عدد الأسهم ونطاق السعر؛ العرض مشروط بشرط ظروف السوق ومراجعة SEC.
Positive
- Offering described as 100% synthetic secondary — stated non-dilutive
- Tokenized Stock convertible 1-for-1 into Class A common stock
- Settlement to wallets on the Provenance blockchain, enabling token delivery
- Trading on Figure’s alternative trading system — controlled market access
Negative
- Number of shares and price range not yet determined
- Offering subject to SEC review and market conditions — timing uncertain
- Tokenized Stock will not list on legacy exchanges, which may limit access
NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) — Figure Technology Solutions, Inc. (“FTS”) today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”), relating to the proposed public offering of its Series A Blockchain Common Stock, par value
The offering will be
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.
Contact
[email protected]
FAQ
What did FIGR announce on Nov 13, 2025 about tokenized stock?
FIGR said it confidentially filed a draft Form S-1 for a proposed offering of Series A Blockchain Common Stock (Tokenized Stock).
Will FIGR’s Tokenized Stock dilute existing shareholders (FIGR)?
The company described the offering as 100% synthetic secondary and stated it is non-dilutive to existing shareholders.
How will FIGR Tokenized Stock trade and settle (FIGR)?
Tokenized Stock will trade on Figure’s alternative trading system and be delivered to wallets on the Provenance blockchain.
Can FIGR Tokenized Stock convert to regular FIGR shares and at what ratio?
Yes; the Tokenized Stock is convertible into Class A common stock on a one-for-one basis.
Has FIGR set the size or price range for the proposed FIGR offering?
No; the number of shares and the price range have not yet been determined.
What approvals or conditions must FIGR complete before offering Tokenized Stock?
The offering is subject to market conditions and completion of the SEC’s review process.
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