ThZeal - The Zeal

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Jaitly Sachin Chand

(Last)

(First)

(Middle)

C/O FIGURE TECHNOLOGY SOLUTIONS, INC.

100 WEST LIBERTY STREET, SUITE 600

(Street)

RENO

NV

89501

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2025

3. Issuer Name and Ticker or Trading Symbol
Figure Technology Solutions, Inc. [ FIGR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	16,189	I	By Tessera Venture Capital Fund I, LP⁽¹⁾
Class A Common Stock	2,700	I	By Tessera Venture Capital Fund II, LP⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series B Preferred Stock	⁽²⁾	⁽²⁾	Class A Common Stock	106,088	⁽²⁾	I	By Tessera Venture Capital Fund I, LP⁽¹⁾
Series C Preferred Stock	⁽²⁾	⁽²⁾	Class A Common Stock	63,465	⁽²⁾	I	By Tessera Venture Capital Fund I, LP⁽¹⁾
Series D Preferred Stock	⁽²⁾	⁽²⁾	Class A Common Stock	28,271	⁽²⁾	I	By Tessera Venture Capital Fund II, LP⁽¹⁾

Explanation of Responses:

1. Tessera Venture Capital Fund GP, LLC is the general partner of Tessera Venture Capital Fund I, LP. Tessera Venture Capital Fund II GP, LLC is the general partner of Tessera Venture Capital Fund II, LP. The Reporting Person is a Managing Partner of each of Tessera Venture Capital Fund GP, LLC and Tessera Venture Capital Fund II GP, LLC, and may be deemed to beneficially own the securities reported herein, but disclaims beneficial ownership except to the extent of his pecuniary interest therein.

2. Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer will automatically convert into one share of Class A Common Stock. The preferred stock does not have an expiration date.

Remarks:

Exhibit 24 - Power of Attorney.

	/s/ Ron Chillemi, Attorney-in-Fact	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.