Figure Technology to acquire Kiavi for $532.4M cash, backed by $600M bridge facility

Filed June 10, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

• high

  Figure signed definitive agreement to acquire Kiavi for $532.4M in cash, subject to customary working capital and debt adjustments. Kiavi will become a wholly owned subsidiary upon closing.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Figure secured $600M 364-day bridge loan commitment from Bank of America and Barclays to backstop acquisition financing. Company plans to fund primarily through capital markets transactions.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Deal must close by November 30, 2026, or earlier if FTC/DOJ issues Second Request. Requires HSR clearance, regulatory licenses, and completion of a required asset sale by Kiavi.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →