FIGMA ANNOUNCES LAUNCH OF INITIAL PUBLIC OFFERING ROADSHOW

Summary from the TLDR Design newsletter

Figma launched its IPO roadshow, offering 12.5 million new shares, plus 24.6 million from existing stockholders, at a price range of $25 to $ 28 per share. The design platform company applied to list on the NYSE under the ticker "FIG" with significant investment banks leading the offering. Figma won't receive proceeds from existing stockholder sales, while underwriters have a 30-day overallotment option for additional shares.