Figma Files Registration Statement for Proposed IPO | Figma Blog (opens in new tab)

Figma announced on July 1, 2025, that it publicly filed an S-1 registration statement with the SEC for a proposed initial public offering. The company plans to list its Class A common stock on the New York Stock Exchange under the symbol “FIG,” though the offering size, share price, and timing remain undecided. The IPO is subject to SEC review and market conditions.

Public Filing and Proposed Listing

• Figma’s filing follows its confidential submission of a draft S-1 in April 2025.
• The proposed offering covers Figma’s Class A common stock.
• The company has applied to list on the NYSE under the ticker FIG.
• No share count or price range has been announced.
• Figma cautions that the IPO may be delayed, changed, or not completed.

Underwriters and Offering Restrictions

• Morgan Stanley, Goldman Sachs, Allen & Company, and J.P. Morgan will serve as joint lead book-running managers.
• BofA Securities, Wells Fargo Securities, and RBC Capital Markets will act as book-running managers.
• William Blair and Wolfe | Nomura Alliance will be co-managers.
• Shares may only be offered through a prospectus after the registration statement becomes effective.
• The announcement itself is not an offer to sell or a solicitation to buy securities.

Figma’s Business Positioning

• Founded in 2012, Figma describes itself as a collaborative platform for digital product development.
• The company has expanded beyond design software into an AI-powered platform.
• Its tools support ideation, design, development, and product shipping.
• Figma emphasizes collaboration, efficiency, and keeping product teams aligned.

The announcement marks a significant step toward Figma becoming publicly traded, but investors must wait for the finalized prospectus and effective registration statement for details about valuation, financial performance, pricing, and the IPO timetable.