Figma is a company that makes computer programs. They want to sell shares of their company to people. They gave papers about this on Tuesday. We will know more in about one month when the papers are public.

But the stock market is not good now, so planning to sell company shares is strange.

Figma wants to sell shares, but it might take a long time.

Figma makes computer programs for designers.

The company was worth $12.5 billion.

Another company, Adobe, wanted to buy Figma for $20 billion.

But the buying plan did not happen in 2023.

Big companies give money to this company. Some people from these companies are on the board.

Figma said they would not say more.