Figma Files for IPO, Plans NYSE Listing

Figma, the collaborative design tool, announced it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), planning to list its Class A common stock on the New York Stock Exchange under the symbol "FIG." The number of shares and price range haven't been determined yet and are subject to market conditions. Morgan Stanley, Goldman Sachs, Allen & Company, and J.P. Morgan will act as joint lead book-running managers for the offering. Founded in 2012, Figma has evolved into a collaborative platform helping teams transform ideas into digital products.