1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
FIG
Event Date
2025-07-31
Sector
Information Technology
Subsector
Software
Offer Range
—
Shares Offered
36.94M
460.9M
—
Implied Upside vs Midpoint
$00.00Description
—
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Class A Common Stock one vote per share; full economic rights; public float class | 124.16M | 26.9% |
Class B Common Stock ten votes per share; converts to Class A on transfer or at IPO | 90.75M | 19.7% |
Convertible Preferred Stock converts to Class A common stock at IPO (Capital Stock Conversion) | 246M | 53.4% |
| Total economic shares | 460.9M | 100% |