US EditionFigma Files for IPO on NYSE, Plans Aggressive Growth Through Acquisitions
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Figma Files for IPO on NYSE, Plans Aggressive Growth Through Acquisitions
Design software company Figma officially filed for an initial public offering (IPO) on Tuesday, planning to trade on the New York Stock Exchange under the symbol “FIG.” The move follows a cancelled $20 billion acquisition deal with Adobe in late 2023, which was abandoned due to regulatory concerns in the U.K., with Adobe paying a $1 billion termination fee. Figma reported strong financial performance in its IPO filing. Revenue rose 46% year-over…
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