FACA.U

Figure Acquisition Corp I

A blank check company—a shell created to raise money from investors and then merge with an existing business—backed by the fintech firm Figure Technologies, founded by Mike Cagney, the same entrepreneur who previously co-founded the lending app SoFi. Incorporated in 2020 and led by Figure executives, it raised money through a public offering in early 2021, planning to buy a business in financial technology or financial services that could use Figure's blockchain-based platform. It never completed a deal and was wound down in late 2022, returning money to its shareholders.

Unit consisting of Class A common stock and warrant