Figure Acquisition Corp 1 / Undisclosed Bank 2022
Figure Acquisition Corp 1 acquired Undisclosed bank holding company on December 9, 2022.
- Target
- Undisclosed bank holding company
- Acquirer
- Figure Acquisition Corp 1
- Announced
- December 9, 2022
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- Figure Acquisition Corp 1 announced the acquisition of Undisclosed bank holding company on December 9, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Combine bank's balance sheet and nationwide footprint with Figure's blockchain technology to enable digital asset loan origination and real-time trading.
Deal terms & multiples
Frequently asked questions
When did Figure Acquisition Corp 1 announce the acquisition of Undisclosed bank holding company?
Figure Acquisition Corp 1 announced the acquisition of Undisclosed bank holding company on December 9, 2022.
What sub-sector is Undisclosed bank holding company in?
Undisclosed bank holding company is tracked in the Crypto / Digital Assets sub-sector.
Sources
- nationalmortgagenews.com /news/figure-affiliated-spac-plans-to-merge-with-mortgage-bank