FIGS (FIGS) Announces 8.82M Share Secondary Offering
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FIGS Announces Secondary Offering of Class A Common Stock
September 14, 2021 6:00 AM EDTSANTA MONICA, Calif.--(BUSINESS WIRE)-- FIGS, Inc. (NYSE: FIGS), a direct-to-consumer healthcare apparel and lifestyle brand, today announced a secondary offering of 8,826,703 shares of its Class A common stock by Tulco, LLC, FIGS largest stockholder, and certain members of FIGS management team. The underwriters will have a 30-day option to purchase an additional 1,324,005 shares of Class A common stock from the selling stockholders. The offering consists entirely of shares of Class A common stock to be sold by the selling stockholders, and FIGS will not receive any proceeds from the sale of... More
