Figma is Planning its IPO

Figma, the platform specializing in the design of collaborative interfaces, has filed for an IPO. The design software company Figma has submitted documents for a planned IPO. The company, which Adobe once sought to acquire in a cash-and-stock deal valued at $20 billion, has filed a registration statement (Form S-1) with the SEC for an IPO of its Class A common stock. Subject to market conditions, Figma aims to list its shares on the New York Stock Exchange under the ticker symbol "FIG.” The number of shares, potential price range, and timing...