Figma, the US design software company, will list on the New York Stock Exchange tonight with a valuation of $19.3 billion.

Figma, a US design software developer, priced its IPO at $33 on Wednesday, with an expected range of $30-32. The company's shares will be listed on the New York Stock Exchange on Thursday under the ticker symbol "FIG." The offering raised $1.2 billion, with most of the proceeds going to existing shareholders. The IPO valued Figma at $19.3 billion. The company had agreed to be acquired by Adobe for $20 billion, but the deal fell apart in 2023 due to regulatory objections. Adobe paid Figma a $1 billion termination fee.