Figma’s $20 Billion Sale Died. It Came Back to Go Public.

Figma, which makes a design platform, was on the verge of a big payday before regulators quashed the sale. On Thursday, it went public, with its stock ending the day up 250 percent.

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Figma in Talks With Bankers to Explore an I.P.O. This Year

The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.

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