The fail is waiting to climb nearly $ 1b while you put on his own hype

The entertainment of the business convenience has entered the next step of their IPO trip.

Figs announced Monday is Kicking off their wakeshow iPo. I am The company thinks of offer more than 36 million class actions a bag that are expected to be priced between $ 25 and $ 28 a part. This offer includes a mixture of primary and secondary action and will allow the company of arousing approximately $ 1 billion.

The company is scheduled for price their iPo the week of July 28th.

If the company your actions its action in the middle of their range, will win a $ 15.9 billion market value, According to the revival capital. I am

That evaluation is less than the $ 20 billion than Adobe offered To acquire the figs in 2022, but more than the last private evaluation of $ 12.5 billion, according to pitchbook data.

SUBU initially presented their intention to go public in April.

The company was founded in 2012 from the Dylan field and Wallace Evan. At the date, it is raised than $ 740 million in the ignure venture, weeping horowitz, overland, and sequoia and others.