Gold is 2025’s best performer. UBS sees more upside
Kleiner Perkins Caufield & Byers XVII, LLC and KPCB XVII Associates, LLC, both ten percent owners of Figma, Inc. (EXCHANGE:FIG), sold a combined total of 2,756,020 shares of Class A Common Stock on August 1, 2025. The shares were sold at a price of $31.515, netting approximately $86.8 million.
The same day, the entities also engaged in conversion transactions, converting Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock into Class A Common Stock. With average daily trading volume reaching $46.29 million, the stock has shown significant volatility. InvestingPro analysis reveals 12 additional key insights about FIG’s financial health and market position.
In other recent news, Figma has announced the pricing of its initial public offering at $33 per share, with plans to begin trading on the New York Stock Exchange. The offering includes approximately 37 million shares of Class A common stock, with Figma offering 12.47 million shares and existing stockholders selling 24.46 million shares. The IPO is anticipated to close on August 1, pending customary conditions. DA Davidson analysts have shown optimism towards Figma’s IPO, labeling it as an "ideal IPO candidate." They suggest that Figma’s public listing could pave the way for additional software IPOs in the next 12 to 18 months. The pricing range indicates a fully diluted market capitalization for Figma between $14.6 billion and $16.4 billion. These developments are noteworthy as Figma prepares to enter the public market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.