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Apex Trader Funding - News

Figma Sets $12.5B Valuation in New Equity Offering, Falling Short of Adobe's Acquisition Offer

Figma announced on Thursday that it will conduct a tender offer allowing investors, including current and former employees, to sell shares at a valuation of $12.5 billion.  This marks a 25% increase from its 2021 fundraising valuation, yet falls short of Adobe Inc’s (NASDAQ:ADBE) $20 billion acquisition offer in 2022.  Following regulatory hurdles, Adobe and Figma terminated their acquisition deal last December. The San Francisco-based startup anticipates the tender size will ...