July 21 (Reuters) - Figma is targeting a valuation of up
to $13.65 billion in its U.S. initial public offering, as the
cloud-based design software prepares for a debut that could
inject fresh momentum into a tech listings market already
roaring back to life.
The company said on Monday it, along with its investors,
plans to raise up to $1.03 billion in its initial public
offering in the United States.
About 37 million shares are expected to be up for sale in
the IPO, priced between $25 and $28 each.
Figma expects to list on the New York Stock Exchange
under the symbol "FIG". Morgan Stanley, Goldman Sachs, Allen &
Co and J.P. Morgan are among the underwriters for the offering.