Figma has set its IPO price range at $25-$28 per share, valuing it up to $16.5 billion fully diluted. It aims to raise $306 million, primarily to repay $330.5 million in debt. The company reported $821 million LTM revenue, up 46% YoY, with 18% adjusted operating margin. Retail sentiment is 'extremely bullish,' with traders eyeing multi-bagger potential ahead of its NYSE listing.
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01:25 pm on
22 Jul