Figma is targeting a fully-diluted valuation of up to $16.4 billion in its initial public offering, as the cloud-based design software firm prepares for a debut on the NYSE that could inject fresh momentum into a resurgent market for tech listings.
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Renewed trade tensions could also add to the caution among IPO investors, risking further disruption.
Against this backdrop, investor attention remains firmly on companies with solid fundamentals and a clear path to profitability, said Leslie Marlow, a corporate attorney at Blank Rome.
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"Figma Aims at $16.4 Billion Valuation as Tech IPOs Bounce Back," by Niket Nishant, was published in Reuters on July 21, 2025.