M&A - FIGS, Inc.
Form Type: 8-K
Filing Date: 2025-01-16
Corporate Action: Acquisition
Type: Update
Accession Number: 000162828025001719
Filing Summary: On January 16, 2025, FIGS, Inc. communicated to STORY3 Capital Partners, LLC that after thorough deliberation, the Company’s Board of Directors, alongside a Special Committee of independent and disinterested directors supported by independent financial and legal advisors, has opted not to proceed with STORY3’s unsolicited acquisition proposal. The Board remains confident in FIGS, Inc.'s standalone plan and future prospects.
Document Link: View Document
Additional details:
Item Code: issuer_name
Item Value: FIGS, Inc.
Item Code: address
Item Value: 2834 Colorado Avenue, Suite 100, Santa Monica, California 90404
Item Code: telephone_number
Item Value: (424) 300-8330
Item Code: acquisition_proposal
Item Value: STORY3 Capital Partners, LLC
Item Code: board_decision
Item Value: not to pursue acquisition proposal
Form Type: SCHEDULE 13D/A
Filing Date: 2025-01-14
Corporate Action: Acquisition
Type: Update
Accession Number: 000095017025005498
Filing Summary: On January 11, 2025, the Sellers exercised their right under the Put-Call Agreement dated January 7, 2025, to require the Buyer, BAMCO, Inc., to purchase 19,039,999 shares of Class A Common Stock from them at a price of $6.25 per share. The completion of the transfer occurred on January 13, 2025. This amendment updates the Schedule 13D previously filed, incorporating this new information and clarifying the beneficial ownership details related to the Reporting Person, which includes holdings by the Tull Family Trust and First Light Investors, LLC.
Document Link: View Document
Additional details:
Item 4 Description: This amendment supplements the statements on Schedule 13D filed on May 27, 2022, and its subsequent amendments.”},{
Number Of Shares Acquired: 19039999
Price Per Share: 6.25
Reporting Person: Thomas J. Tull
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