Figma Sets IPO Price, Prepares for NYSE Debut
Figma has priced its initial public offering at $33.00 per share, with shares expected to begin trading on the New York Stock Exchange under the ticker symbol "FIG" on July 31, 2025. The offering is slated to close on August 1, 2025, pending customary closing conditions.
The offering comprises 36,937,080 shares of Class A common stock, split between 12,472,657 shares issued by Figma itself and 24,464,423 shares sold by existing stockholders. The underwriters also hold a 30-day option to purchase up to an additional 5,540,561 shares to cover over-allotments, at the offering price less underwriting discounts and commissions. Figma will not receive proceeds from the shares sold by existing stockholders.
Morgan Stanley, Goldman Sachs & Co. LLC, Allen & Company LLC, and J.P. Morgan are serving as joint lead book-running managers. BofA Securities, Wells Fargo Securities, and RBC Capital Markets are book-running managers, with William Blair and Wolfe | Nomura Alliance acting as co-managers.
Company Background
Founded in 2012, Figma has grown from a standalone design tool into a connected, AI-powered platform for collaborative product development. The company positions its platform as the workspace where design and product teams move from ideation through design, build, and shipping phases.
Regulatory Details
The Securities and Exchange Commission declared Figma's registration statement effective on July 30, 2025. The offering is being conducted solely through a prospectus, copies of which are available from the lead underwriters upon request. This announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities, and no sale will occur in jurisdictions where such activity would be unlawful prior to registration under applicable securities laws.
