Figma will start trading in the New York Stock Exchange on Thursday in one of the most expected IPOs of 2025. Bloomberg previously reported.
This means that demand for shares is 40 times the number of shares that the company and its existing investors sell. So it should be surprised that Figma, who offers project programs, has been priced at $ 33 per share, over its previously announced range.
On Monday, the company said its expected price range was $ 30 to $ 32, up from a previously announced range of $ 25 to $ 28. At the final price of $ 33, the offer raised $ 1.2 billion. Most of that money goes to existing shareholders who sell about twice as many shares (including founder and general manager Dylan Field), as the company itself proposed.
The IPO price estimates Figma at $ 19.3 billion, CNBC reportsNear the price of $ 20 billion, which Adobe would have paid before its agreement to buy Figma collapsed in 2023 under the pressure of regulators.
