With shares reportedly expected to list this week on the NYSE, the software startup just upped its target share price range. Here's what to know.

Figma (NASDAQ: FIG) is set to go public on July 30. For the design software star, the public offering represents a long and winding path since Adobe 's (NASDAQ: ADBE) $20 billion acquisition of the company was blocked in 2023 over regulatory pushback that the deal would suppress competition in the design software industry.

Figma — the San Francisco-based collaborative design startup that has raised millions from a who’s who of Silicon Valley — increased the expected price range for its shares and now expects to net about $1.

Figma Inc.’s US initial public offering is approaching 40 times oversubscribed, according to people familiar with the matter, as the design and collaboration software company heads for what could be the year’s most in-demand listing.

At the top end of that range, Figma would raise $399.1 million, while selling shareholders would net some $782.9 million. Its previous range of $25 to $28 per sh

Software maker Figma, a one-time Adobe acquisition target, will go public this week. The Figma IPO has been widely anticipated on Wall Street.