Group 1 - Figma has raised its IPO pricing range to $30 to $32 per share, aiming for a valuation of approximately $18.8 billion, reflecting strong investor interest in high-growth tech stocks [1] - The company plans to raise $1.18 billion through this offering, with the previous pricing range set at $25 to $28 per share [1] - If successful, Figma's valuation will be closer to the $20 billion level agreed upon in a 2022 acquisition deal with Adobe, which was ultimately abandoned due to regulatory scrutiny [1] Group 2 - The U.S. IPO market has been recovering since April 2025, with expectations of increased activity in the fall, particularly driven by high-growth tech companies [1] - Figma, established in 2012, is a cloud-based collaborative design platform favored by designers and developers for its real-time web-based design capabilities [2] - The upcoming IPO is seen as a significant milestone for tech unicorns returning to the capital markets [2]