FIGX Capital Acquisition Corp. Reports Director and Officer Changes
Ticker: FIGXU · Form: 8-K · Filed: Nov 18, 2025 · CIK: 2059033
| Field | Detail |
|---|---|
| Company | Figx Capital Acquisition Corp. (FIGXU) |
| Form Type | 8-K |
| Filed Date | Nov 18, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-election, officer-appointment
TL;DR
FIGX board and exec shakeup. New directors elected, officers appointed.
AI Summary
FIGX Capital Acquisition Corp. filed an 8-K on November 18, 2025, reporting events as of November 12, 2025. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus.
Risk Assessment
Risk Level: medium — Changes in key personnel like directors and officers can indicate internal shifts or strategic realignments that may impact the company's future performance.
Key Players & Entities
- FIGX Capital Acquisition Corp. (company) — Registrant
- November 12, 2025 (date) — Earliest event reported
- November 18, 2025 (date) — Date of report
- Cayman Islands (jurisdiction) — State of incorporation
FAQ
What specific roles have seen departures or appointments?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers', but specific names and roles are not detailed in the provided text.
When were the reported events effective?
The earliest event reported was as of November 12, 2025.
What is the primary business of FIGX Capital Acquisition Corp.?
FIGX Capital Acquisition Corp. is classified under 'BLANK CHECKS' with a Standard Industrial Classification code of 6770.
Where is FIGX Capital Acquisition Corp. incorporated?
The company is incorporated in the Cayman Islands.
What is the fiscal year end for FIGX Capital Acquisition Corp.?
The company's fiscal year ends on December 31.
Filing Stats: 1,016 words · 4 min read · ~3 pages · Grade level 11.4 · Accepted 2025-11-18 16:05:33
Key Financial Figures
- $0.0001 — LC Class A ordinary shares, par value $0.0001 per share FIGX The Nasdaq Stock Mar
- $11.50 — ordinary share at an exercise price of $11.50 per share FIGXW The Nasdaq Stock Ma
Filing Documents
- ea0266055-8k_figxcapital.htm (8-K) — 44KB
- 0001213900-25-112087.txt ( ) — 259KB
- figxu-20251112.xsd (EX-101.SCH) — 4KB
- figxu-20251112_def.xml (EX-101.DEF) — 27KB
- figxu-20251112_lab.xml (EX-101.LAB) — 37KB
- figxu-20251112_pre.xml (EX-101.PRE) — 25KB
- ea0266055-8k_figxcapital_htm.xml (XML) — 7KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 12, 2025 FIGX Capital Acquisition Corp. (Exact name of registrant as specified in its charter) Cayman Islands 001-42719 N/A (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 428 Greenwood Beach Road Tiburon , CA 94920 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: ( 415 ) 383-1464 Not Applicable (Former name or former address, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant FIGXU The Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 per share FIGX The Nasdaq Stock Market LLC Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share FIGXW The Nasdaq Stock Market LLC Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 12, 2025, Dr. Russel Read notified the board of directors (the " Board ") of FIGX Capital Acquisition Corp (the " Company ") of his resignation as a member of the Board, a member of the Audit Committee of the Board and a member and chair of the Compensation Committee of the Board, effective as of the same day. Dr. Reed's resignation is not due to any disagreement with the Company on any matter relating to its operations, policies or practices. On November 17, 2025, the Board of the Company appointed Marc Holtzman, a senior advisor of the Company, as a member of the Board, a member of the Audit Committee of the Board and a member and chair of the Compensation Committee of the Board (the " New Director "). The New Director will serve as a Class II Director of the Board, whose term will expire at the Company's second annual general meeting. Mr. Holtzman is an experienced executive officer with a demonstrated history of working in the banking industry. Mr. Holtzman has strong business development professional skilled in nonprofit organizations, business planning, asset management and fundraising. He has been serving as a member of board of directors of TTEC Holdings, Inc. (NYSE:TTEC) since 2014. He has also been a board member of Rwanda Capital Markets Authority since 2023, and a member of board of directors of the Zimbabwe Sovereign Wealth Fund since 2024. Prior to that, he was a Board Chairman of CBZ Holdings Limited from 2019 to 2023, Board Chairman of Astana Financial Services Authority from 2017 to 2023, and Board Chairman of BK Group from 2009 to 2023. Mr. Holtzman served as CEO for KazKommerts Bank from 2016 to 2017, Board Chairman of KazKommerts Bank from 2015 to 2016, Vice Chair to Barclays Capital from August 2008 to September 2013, and Vice Chair to ABN AMRO Bank N.V. from 2006 to 2008. Mr. Holtzman was President to University of Denver from 2003 to 2005 and was Secretary of Technology to State of Colorado from 1999 to 2003. Mr. Holtzman received his Bachelor of Arts in Economics from Lehigh University from 1978 to 1983. We believe he is qualified to serve as a member of the Board due to his extensive domestic and international experience in senior management positions with both listed and privately held FIG sector companies. No family relationships exist between Mr. Holtzman and any other directors or executive officers of the Company. Mr. Holtzman is not a party to any arrangements with any other person pursua