Figma Sets NYSE IPO Price Range at $25-$28 per Share

Figma is planning to offer approximately 12.47 million class A common shares in its NYSE IPO, priced between $25 and $28 per share. The San Francisco-based design software company is set to list on the New York Stock Exchange.

San Francisco-based design software company Figma is set to make its initial public offering (IPO) on the New York Stock Exchange (NYSE) under the ticker symbol FIG. The company has filed to offer approximately 12.47 million Class A common shares, priced between $25 and $28 per share, aiming to raise up to $1.03 billion [1].

Figma's IPO comes after a failed acquisition attempt by Adobe in 2022, which was scrapped due to regulatory objections. The deal had been valued at $20 billion. The company has since been preparing for its public debut, filing a prospectus that outlines its financial performance and future plans [1].

The IPO could value Figma at a fully diluted valuation of $13.6 billion, based on the high end of the expected share price range. This valuation reflects the company's strong growth trajectory, with revenue growth exceeding 46% in the first quarter of 2025 and year-over-year growth of 39% to 41% in the second quarter [1].

Figma's IPO is expected to begin trading on the NYSE, joining other recent tech IPOs such as CoreWeave, Circle, and Chime. The company's public debut will be a key litmus test for the broader tech sector's ability to find fresh capital after a year of stifled listings [2].

The underwriters for Figma's IPO include Morgan Stanley, Goldman Sachs, Allen & Co., and JPMorgan. These firms will help navigate the company through a market that has shown signs of recovery following a period of cautious investor sentiment [2].

References:
[1] https://www.cnbc.com/2025/07/21/figma-ipo-software-value.html
[2] https://finance.yahoo.com/news/figmas-1-billion-ipo-gambit-182926646.html