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Dylan Field, co -founder and CEO of Figma Inc., after the morning classes at the Allen & Co Conference. Media and Technology in Sanly, Idaho, July 11, 2024.
David Paul Morris | Bloomberg | Gets the image
Design Company software Fig Monday published Updated Avenue for one’s original public offer.
The company said it expects to sell about 37 million shares to $ 25 to $ 28 each. This will lead to revenue from $ 1 billion between the company and the sale of shareholders.
The IPO can estimate the Figma led by co -founder Dylan Field, fully diluted by $ 14.6 billion to $ 16.4 billion. The field plans to sell 2.35 million shares, which can cost as much as $ 65.8 million.
In the 2024 tender proposal, investors estimated $ 12.5 billion. In 2022, Week agreed to purchase Figma for $ 20 billion but the deal was inscribed Once the regulators objected.
The flow of technology companies that join the US exchanges has slowed down since the end of 2021. Concerns about inflation and recession made some investors less interested in supporting fast -growing but difficult money.
But in recent months, several technologies have emerged. Buiss went public in March, and Wheel and Sita Started stocks trade in June.
Figma has applied to the public July 1Announcing plans for trade on the New York Stock Exchange under the symbol “Fig.”
On Monday, he produced preliminary results in the second quarter, showing from $ 9.0 million to $ 247 million to $ 250 million. This means that revenue growth is 39% at low levels and 41% high. Growth in the first quarter exceeded 46%.
In the second quarter Figma added customers and expanded the business with existing. The company’s operating profitability will mark up to 4% to 5%, which compared to 3% in the same quarter a year ago, based on previous results.
Figma said it allowed to issue “ordinary Blockchain shares” in the form of a blockchain -based tokens. So far, Figma said he did not plan to issue this type of stock. In July, Figma revealed investments in a stable and bitcoin fund.
Mike Kryger, Co -founder Instagram, which is now the main director of the products Artificial intelligence Model developer Anthropjoined the council. Luis von Anne, co -founder and CEO DuolingIt also joins the Council, the application reports.
See: Goldman Sachs’ Stephan FeldGoise on M&A Landscape: One of the highest $ 10 billion. YTD data
