FIGS News

Six IPOs raised $1.8 billion ahead of the short holiday week, joined by one direct listing and five SPACs. Returns bounced back after tumultuous trading earlier this month, with the week’s deals all finishing above issue. New filers began to flood the summer IPO pipeline, with 19 IPOs and eight SPACs submitting initial filings. Healthcare apparel brand FIGS...read more

FIGS, a premium medical scrubs and healthcare apparel brand, raised $580 million by offering 26.4 million shares (82% secondary) at $22, above the range of $16 to $19. The offering contained 3.9 million more shares than anticipated; the selling shareholders sold 5.1 million more shares than expected, while the company offered 1.2 million fewer shares. At pricing, the company...read more

Updated Monday, 5/24. Six IPOs are scheduled to raise $1.4 billion in the week ahead, joined by one direct listing.   Set to begin trading Wednesday, job marketplace ZipRecruiter (ZIP) plans to complete a direct listing on the NYSE, with an estimated market value at listing of more than $3 billion. ZipRecruiter operates an online job...read more

FIGS, a medical scrubs and healthcare apparel brand, announced terms for its IPO on Thursday. The Santa Monica, CA-based company plans to raise $394 million by offering 22.5 million shares (74% insider) at a price range of $16 to $19. Insider Viking Global and new investor Franklin Templeton intend to purchase $60 million and $40 million worth of shares in the offering,...read more