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IPO · FIGS

FIGS, Inc.

FIGS, Inc. (FIGS) priced its initial public offering on May 28, 2021 at $22.00 per share, raising $580.5M, and listed on NYSE. At the IPO price its market capitalization was about $3.52B. Goldman Sachs was lead-left underwriter. Latham & Watkins advised the company and Cooley advised the underwriters.

FIGS, Inc. is a digitally native, direct-to-consumer healthcare apparel and lifestyle brand serving healthcare professionals. It designs and sells technically advanced scrubs and related products, relying on a community of ambassadors and about 1.5 million active customers.

Status
IPO
Ticker
FIGS
Exchange
NYSE
Priced
May 28, 2021
IPO price
$22.00
Raised
$580.5M
Market cap at IPO price
$3.52B
First filed
May 5, 2021
Underwriters
Goldman Sachs
Company counsel
Latham & Watkins
Underwriters' counsel
Cooley
Sector
Consumer
Country / state
CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

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Filings

Other Consumer IPOs in 2021