Sept 2 (Reuters) -
Blockchain lender Figure Technologies and its selling
shareholders aim to raise up to $526.32 million in a U.S.
initial public offering, the company said Tuesday, as market
optimism drives a wave of new listings.
The company plans to sell 21.46 million shares, while the
selling shareholders will offer 4.85 million shares, at an
indicative price range of $18 to $20 per share.
A buoyant equity market and strong recent debuts have helped
restore investor confidence in new listings.
On Tuesday, Swedish
fintech Klarna
and
Gemini, the cryptocurrency exchange backed by the Winklevoss
twins
, also launched roadshows.
Goldman Sachs, Jefferies and BofA Securities are the lead
underwriters. Figure will list on the Nasdaq under the symbol
"FIGR".