FIGS (FIGS) Announces 8.82M Share Secondary Offering

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Go back to FIGS (FIGS) Announces 8.82M Share Secondary Offering

FIGS (FIGS) Prices 8.9M Share Offering at $40.25/sh

September 16, 2021 5:42 AM EDT

FIGS, Inc. (NYSE: FIGS), a direct-to-consumer healthcare apparel and lifestyle brand, today announced the pricing of a secondary offering of 8,917,385 shares of its Class A common stock by Tulco, LLC, FIGS largest stockholder, and certain members of FIGS management team at a price to the public of $40.25 per share. The underwriters have a 30-day option to purchase an additional 1,337,607 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... More