Figma Announces Initial Public Offering with Pricing at $33.00 per Share

Figma, a design and product development platform, has announced the pricing of its initial public offering (IPO) of 36.9 million shares at $33 per share. The shares are expected to begin trading on the New York Stock Exchange on July 31, 2025, under the ticker symbol "FIG." The offering is expected to close on August 1, 2025. Morgan Stanley, Goldman Sachs, Allen & Company, and J.P. Morgan are acting as joint lead book-running managers for the offering.

Figma, a leading design and product development platform, has officially priced its initial public offering (IPO) at $33 per share. The company is set to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol "FIG" on July 31, 2025. The offering is expected to close on August 1, 2025, subject to the satisfaction of customary closing conditions [2].

The IPO consists of 36.9 million shares of Class A common stock, including 12.5 million shares offered by Figma and 24.4 million shares offered by existing stockholders. Additionally, the underwriters have been granted a 30-day option to purchase up to an additional 5.5 million shares to cover over-allotments at the initial public offering price, less underwriting discounts and commissions [2].

The lead book-running managers for the offering are Morgan Stanley, Goldman Sachs & Co. LLC, Allen & Company LLC, and J.P. Morgan. BofA Securities, Wells Fargo Securities, and RBC Capital Markets are also acting as book-running managers, while William Blair and Wolfe | Nomura Alliance serve as co-managers [2].

Figma, founded in 2012, has transformed from a design tool to a connected, AI-powered platform that facilitates collaborative and efficient design and product development processes. The company aims to help teams go from idea to shipped product, making the entire process more collaborative and enjoyable [1].

References:
[1] https://www.figma.com/blog/increased-ipo-price-range/
[2] https://www.stocktitan.net/news/FIG/figma-announces-pricing-of-initial-public-z8foflysjsjs.html