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Figma Boosts Expected Price Range of IPO
Figma, which plans to sell nearly 12.5 million shares in the IPO, said it now expects a pricing of $30 to $32 a share, up from a previous estimate of $25 to $28 apiece. A pricing at the high end of the new range would give the San Francisco company a market capitalization of nearly $15.6 billion, up from $13.7 billion at the top of the old range.
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Figma’s IPO date is close. The stock could trade even higher after the design startup’s latest move
With shares reportedly expected to list this week on the NYSE, the software startup just upped its target share price range.
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