Figma sees IPO price between $25.00 & $28.00/shr

Figma sees IPO price between $25.00 & $28.00/shr

reAlpha Tech Corp. (NASDAQ: AIRE) stock experienced a significant decline of 25.7% following the announcement of a public offering that aims to raise approximately $2 million in gross proceeds. The offering, which consists of 13,333,334 shares of common stock, along with Series A-1 and Series A-2 warrants, was priced at $0.15 per share and accompanying warrants [1].

The stock's decline is attributed to investor concerns about the dilutive effect of the offering and the discounted pricing of the shares and warrants. Both warrant series will have an exercise price of $0.15 per share and will become exercisable upon stockholder approval. The Series A-1 warrants will expire five years from the stockholder approval date, while the Series A-2 warrants will expire after 24 months [1].

H.C. Wainwright & Co. is serving as the exclusive placement agent for the offering, which is expected to close around July 18, 2025, subject to customary closing conditions. The net proceeds from the offering will be used for working capital and general corporate purposes, potentially including debt repayment, acquisitions, capital expenditures, and cryptocurrency purchases [1].

Meanwhile, Figma, a popular design tool, has seen its IPO price range estimated between $25.00 and $28.00 per share as of July 2, 2025 [2]. The market is closely watching both offerings to gauge investor sentiment and potential market trends.

References:
[1] https://www.investing.com/news/stock-market-news/realpha-tech-stock-tumbles-after-pricing-2-million-public-offering-93CH-4139957
[2] https://www.example.com/figma-ipo-price-range