Figure Technology Solutions closes Kiavi acquisition for about $590 million

• Figure Technology Solutions completed its acquisition of Kiavi on Sept. 1, 2026, with Kiavi surviving as a wholly owned subsidiary.
• Cash consideration net of cash acquired totaled about USD 590 million for Kiavi’s technology platform and DSCR loans held on its balance sheet.
• Funding came primarily from net proceeds of USD 600 million of 8.500% Senior Notes due 2031, issued on July 14, 2026.
• Kiavi’s credit agreement was repaid in full at closing; a Deutsche Bank master repurchase agreement was terminated and related liens were released.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Figure Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-040931), on September 01, 2026, and is solely responsible for the information contained therein.