The FIGMA design software manufacturer (FIG) should start to negotiate the session on Thursday, estimated its initial public offer at $ 33 per share on Wednesday, reporting high demand because the price exceeds the expectations of a range from $ 30 to $ 32.
The company is expected to be worth $ 19.3 billion out of $ 585 million in circulation at $ 33.
The company is expected to raise around $ 1.2 billion for sale of 36.94 million shares between the sale of 12.47 million shares of the company and the sale of existing shareholders of 24.46 million shares.
Figma, led by CEO Dylan Field, is expected to be the last indicator of an IPO market which was solid in 2025, with chéris of technology like Circle (CRCL) and Coreweave (CRWV) seeing the actions soaring public after the public debut this year.
The IPO of FIGMA comes after the company has abandoned the intention of selling its Adobe digital software giant in 2023 for 20 billion dollars after European regulators raised anti-competition problems concerning the merger between two digital design giants.
The company’s IPOs were watched closely at Wall Street.
Price expectations from $ 30 to $ 32 from the street, which Figma has exceeded, was already an increase in the prediction of Figma of a price of $ 25 to 28.
If Figma’s shares soar after opening its doors this morning, the technology company will follow the trace circle, which saw the shares increase by 168% compared to their price of Introduction on the stock market during its first day of negotiation.
Circle has now had more than 510% since its opened in June, while its colleague Ipo Darling Coreweave (CRWV), which only marked a marginal gain during its first negotiation session, increased more than 160% since its beginnings in March.
Figma’s income increased by 46% in annual sliding, and more than three -quarters of Forbes 2000 companies use the products of the design software manufacturer, according to Figma’s supply documents.
The success of the IPOs as Circle has rejected the market towards the year of mergers and acquisitions of Wall Street asking until these plans are thwarted by a freezing of the generalized market following the tariff uncertainty in April.
The Renaissance IPO index, which is managed by the IPO Renaissance Capital data company and follows public performance of the offer, returned after a “free fall of April” to deliver an “explosive rally to finish [Q2] In election of 20%, outperforming the S&P 500 (+ 11%), “according to the quarterly examination of the Cabinet T2.
Jake Conley is a Breaking News journalist covering American actions for Yahoo Finance. Follow him on x at @Byjakeconley or send him an email to Jake.conley@yahooinc.com.
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