Figma prices IPO at $33, top end of range

Design and product development platform Figma (NYSE:FIG) priced its IPO at $33 on Wednesday, which is $1 above the top end of its expected range.
The offering raised $1.2 billion ahead of Figma’s listing on the New York Stock Exchange on Thursday.
The company had agreed to be acquired by Adobe (ADBE) for $20 billion, but the deal fell apart in 2023 due to regulatory scrutiny.

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