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Figure Acquisition Corp. I

figureacquisitioncorpa.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 14, 2022. Its latest SEC filing is a SC 13G/A from Jan 12, 2023.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Seeks to combine with one or more businesses through a merger, acquisition, share exchange or similar transaction.

How Did They Make Money?

No revenue was reported.

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q3 FY2022, the three months to Sep 30, 2022
Net income
▼ −46%
vs $3.9M in Q3 FY2021
  • Dec 19, 2022 NYSE begins delisting the company's warrants Trading was suspended immediately; the company said it would not appeal and planned to cease operations and redeem its remaining Class A shares.
  • Dec 16, 2022 Company elects to wind down and redeem remaining Class A shares Stockholders approved an earlier wind-down date; the board set December 30, 2022, for operations to cease and remaining Class A shares to be redeemed.
  • Dec 9, 2022 Signs a non-binding letter of intent for a proposed bank merger The proposed transaction was subject to due diligence, a definitive agreement and stockholder approval.

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