Overview
- Figma plans to sell approximately 37 million shares at $25 to $28 apiece, seeking $1.03 billion in proceeds.
- The offering breaks down into about 12.5 million new shares and 24.7 million secondary shares, allowing early investors to cash out.
- Morgan Stanley, Goldman Sachs, Allen & Co and J.P. Morgan are leading the underwriting group for the NYSE listing under the ticker “FIG.”
- The company reported 46% revenue growth and a threefold rise in net income in Q1 2025 and disclosed $70 million in Bitcoin ETF holdings with plans to add $30 million more.
- Figma’s roadshow began July 21 and it expects to set its share price during the week of July 28.