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Launching the roadshow for Figma’s proposed IPO | Figma Blog (opens in new tab)

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Figma announced the launch of its roadshow for a proposed initial public offering of Class A common stock. The offering includes new shares from Figma and shares sold by existing stockholders, with an expected price of $25–$28 per share. Figma plans to list on the New York Stock Exchange under “FIG,” pending regulatory effectiveness.

Proposed Share Offering

  • Figma will offer 12,472,657 shares of Class A common stock.
  • Existing stockholders will offer 24,646,423 additional shares.
  • Selling stockholders may grant underwriters a 30-day option to purchase up to 5,540,561 more shares for over-allotments.
  • Figma will not receive proceeds from shares sold by existing stockholders.
  • The expected IPO price is $25–$28 per share.

Listing and Underwriters

  • Figma has applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol FIG.
  • Morgan Stanley, Goldman Sachs, Allen & Company, and J.P. Morgan are joint lead book-running managers.
  • BofA Securities, Wells Fargo Securities, and RBC Capital Markets are book-running managers.
  • William Blair and Wolfe | Nomura Alliance are serving as co-managers.

Regulatory Status

  • Figma’s registration statement has been filed with the SEC but is not yet effective.
  • The shares cannot be sold, and purchase offers cannot be accepted, until the registration process is complete.
  • The offering will be made only through a prospectus.

Figma’s Business

  • Founded in 2012, Figma describes itself as a collaborative platform for digital product development.
  • It has expanded from a design tool into a connected, AI-powered platform supporting ideation, design, development, and product delivery.

Figma’s announcement marks a formal step toward becoming a public company, but the IPO remains subject to SEC approval and final offering conditions.