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Robotics firm Figure AI, helmed by CEO Brett Adcock, is actively suppressing trading of its shares on secondary markets. Following Adcock’s boast on X (formerly Twitter) about high demand for Figure AI stock, the company has reportedly sent cease-and-desist letters to at least two brokers facilitating these transactions, sources tell TechCrunch. This intervention indicates Figure AI’s strategy to maintain control over its stock valuation and distribution, potentially in anticipation of an initial public offering (IPO) or other liquidity event.