IPOs

UWM doubles down on criticism of Two Harbor’s management

UWM Holdings intensified its attack on Two Harbors’ management after the markets closed on Friday, following a full day of trading after the real estate investment trust ditched them for a $10.80 per share all-cash deal from CrossCountry. Processing Content The unsolicited bid from CrossCountry was made after UWM failed to secure the votes from […]

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Figure files first blockchain-native equity to shake up equity stack

Figure filed for a proposed offering of its new Blockchain Stock Monday, with hopes of disrupting the vertical equity stack. The Blockchain Stock will be a blockchain-native class of equity securities, trade on Figure’s alternative trading system and will be convertible one-for-one into shares of Figure’s Class A Common Stock, the company said in a

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Figure Technology goes public, opens at $36 per share

Figure Technology Solutions started trading as a public company and the first moves were substantially higher, according to information on Yahoo Finance. The company priced its offering at $25 per share on Wednesday evening. Early trades, starting around 12:30, put the stock in a range between $32 and $37 per share, with an opening price

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Figure boosts size, price of planned IPO

Figure Technology Solutions has increased its expected initial public offering in both size and price, an updated prospectus filed with the Securities and Exchange Commission said. The IPO will now consist of 31.5 million shares of its Class A stock, but nearly 4.9 million of those will come from current shareholders in the company. Figure

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Figure Technology seeks $508M in long-awaited IPO

Figure Technology Solutions has formally launched its long-awaited initial public offering that could bring over $508 million in gross proceeds to the company if the overallotment is exercised. The company is offering over 21.46 million shares, with an overallotment of 3.95 million shares. In addition, 4.85 million shares are being sold by existing stockholders in

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Fannie, Freddie $30 billion IPO being weighed for this year

The Trump administration is preparing to sell shares of Fannie Mae and Freddie Mac in an offering that could start as early as this year, according to a senior administration official.  The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their

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