Figure Technology Solutions, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Public Offering of Tokenized Stock

Group 1 - Figure Technology Solutions, Inc. has confidentially submitted a draft registration statement on Form S-1 with the SEC for a proposed public offering of its Series A Blockchain Common Stock, known as Tokenized Stock [1] - The Tokenized Stock will not be listed on any legacy exchange but will trade on Figure's alternative trading system and can be converted into shares of Class A Common Stock on a one-for-one basis [1] - The offering will be 100% synthetic secondary, making it non-dilutive to existing shareholders, with selling shareholders exchanging shares of Class A Common Stock for Tokenized Stock [2] Group 2 - The number of shares of Tokenized Stock to be offered and the price range for the proposed offering have not yet been determined, and the offering is subject to market conditions and SEC review [2]