Figma Files S-1 for Proposed IPO

Figma filed a Form S-1 registration statement with the SEC to propose an initial public offering.

Figma plans to list its Class A common stock on the NYSE under the ticker "FIG".

The number of shares and price range have yet to be determined and depend on market conditions.

Multiple banks will manage the offering, including Morgan Stanley, Goldman Sachs, Allen & Company, J.P. Morgan, BofA Securities, Wells Fargo, RBC, William Blair, and Wolfe/Nomura Alliance.

The offering is subject to SEC approval and cannot be sold before the registration statement becomes effective.