[8-K] Figma, Inc. Reports Material Event
Figma, Inc. (FIG) entered into an Extended Lock-Up Agreement on August 30, 2025 with holders of approximately 54.1% of its outstanding Class A common stock. Under the agreement these holders agreed not to offer, sell, pledge, transfer, or hedge their shares, publicly disclose an intent to do so, or demand registration of their shares for a period beginning on the agreement date and ending August 31, 2026, subject to specified exceptions. The restriction covers shares and securities convertible into or exercisable for common stock and preserves the company鈥檚 existing lock-up framework tied to its IPO.
Figma, Inc. (FIG) ha stipulato un Accordo di Blocco Esteso il 30 agosto 2025 con titolari di circa il 54,1% delle sue azioni ordinarie di Classe A in circolazione. Con l'accordo questi soggetti si sono impegnati a non offrire, vendere, impegnare, trasferire o coprire le loro azioni, n茅 a rendere pubblica l'intenzione di farlo, n茅 a richiederne la registrazione per un periodo che inizia dalla data dell'accordo e termina il 31 agosto 2026, fatti salvi specifici casi di deroga. La restrizione riguarda le azioni e gli strumenti convertibili o esercitabili in azioni ordinarie e mantiene il quadro di lock-up gi脿 in vigore collegato all'IPO della societ脿.
Figma, Inc. (FIG) suscribi贸 un Acuerdo de Bloqueo Extendido el 30 de agosto de 2025 con titulares de aproximadamente el 54,1% de sus acciones ordinarias Clase A en circulaci贸n. Seg煤n el acuerdo, estos titulares aceptaron no ofrecer, vender, pignorar, transferir ni cubrir sus acciones, ni divulgar p煤blicamente la intenci贸n de hacerlo, ni exigir su registro durante un per铆odo que comienza en la fecha del acuerdo y finaliza el 31 de agosto de 2026, con las excepciones espec铆ficas previstas. La restricci贸n abarca las acciones y los valores convertibles o ejercitables en acciones ordinarias y preserva el marco de bloqueo ya existente vinculado a la OPV de la compa帽铆a.
Figma, Inc.(FIG)電� 2025雲� 8鞗� 30鞚检棎 氚滍枆 欤检嫕鞚� 鞎� 54.1%毳� 氤挫湢頃� 欤检＜霌り臣 鞐办灔霅� 霛届梾 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 頃措嫻 瓿勳暯鞐� 霐半澕 鞚措摛 欤检＜電� 瓿勳暯鞚茧攵�韯� 2026雲� 8鞗� 31鞚缄箤歆� 鞓堨櫢鞝侅溂搿� 鞝曧暣歆� 瓴届毎毳� 鞝滌櫢頃橁碃 鞛愳嫚鞚� 欤检嫕鞚� 瓿店皽鞝侅溂搿� 鞝滌晥路毵る弰路雼措炒鞝滉车路鞏戨弰頃橁卑雮� 項缝頃橁卑雮�, 攴鸽煷 鞚橃偓毳� 瓿店皽頃橁卑雮�, 霌彪鞚� 鞖旉惮頃橃 鞎婈赴搿� 霃欖潣頄堨姷雼堧嫟. 鞚� 鞝滍暅鞚� 氤错喌欤茧 鞝勴櫂霅橁卑雮� 頄夓偓 臧�電ロ暅 歃濌秾鞚� 韽暔頃� 欤检嫕 鞝勲皹鞐� 鞝侅毄霅橂┌ 須岇偓鞚� IPO鞐� 鞐半彊霅� 旮办〈 霛届梾 觳搓硠毳� 鞙犾頃╇媹雼�.
Figma, Inc. (FIG) a conclu un accord de blocage prolong茅 le 30 ao没t 2025 avec des d茅tenteurs repr茅sentant environ 54,1 % de ses actions ordinaires de classe A en circulation. En vertu de cet accord, ces d茅tenteurs se sont engag茅s 脿 ne pas proposer, vendre, nantir, transf茅rer ou couvrir leurs actions, 脿 ne pas rendre publique l'intention de le faire et 脿 ne pas exiger leur enregistrement pour une p茅riode d茅butant 脿 la date de l'accord et se terminant le 31 ao没t 2026, sous r茅serve d'exceptions sp茅cifi茅es. La restriction couvre les actions ainsi que les titres convertibles ou exer莽ables en actions ordinaires et pr茅serve le cadre de lock-up existant li茅 脿 l'introduction en bourse de la soci茅t茅.
Figma, Inc. (FIG) hat am 30. August 2025 eine erweiterte Lock-up-Vereinbarung mit Inhabern von rund 54,1 % seiner ausstehenden Stammaktien der Klasse A geschlossen. Im Rahmen der Vereinbarung verpflichteten sich diese Inhaber, ihre Aktien f眉r den Zeitraum ab dem Datum der Vereinbarung bis zum 31. August 2026 鈥� vorbehaltlich bestimmter Ausnahmen 鈥� weder anzubieten, zu verkaufen, zu verpf盲nden, zu 眉bertragen noch abzusichern, dies 枚ffentlich anzuk眉ndigen oder die Registrierung ihrer Aktien zu verlangen. Die Beschr盲nkung erstreckt sich auf Aktien sowie auf in Aktien umwandelbare oder aus眉bbare Wertpapiere und bewahrt das bereits bestehende Lock-up-Regelwerk im Zusammenhang mit dem IPO des Unternehmens.
- Majority-holder coverage: The Extended Lock-Up Agreement covers approximately 54.1% of outstanding Class A common stock.
- Reduced near-term supply: The lock-up restricts sales and hedging, which can limit immediate downward pressure on the trading float.
- Preserves post-IPO stability: Extends timetable for potential large secondary sales until August 31, 2026 subject to exceptions.
- Limited liquidity for large holders: Covered holders cannot sell, pledge, or transfer shares through the Extended Lock-Up Period, constraining their ability to monetize holdings.
- Concentrated ownership remains: With >50% of Class A stock restricted, voting and control dynamics remain centralized, possibly affecting governance flexibility.
Insights
TL;DR: A majority-holder lock-up extension limits share availability and supports orderly markets but centralizes voting and liquidity risks.
The Extended Lock-Up Agreement legally binds holders of ~54.1% of Class A shares to refrain from sales, pledges, transfers, hedges, or registration demands until August 31, 2026, unless earlier released by stated exceptions. This reduces immediate potential for large secondary sales and may stabilize short-term float. From a governance perspective, concentrated locked shares sustain existing ownership structure and limit shareholder exits, which can influence voting dynamics and succession of control.
TL;DR: Lock-up covers a majority of Class A stock, reducing near-term selling pressure but delaying liquidity for large holders.
By extending restrictions for holders representing ~54.1% of Class A stock through August 31, 2026, the company reduces the immediate risk of downward pressure from substantial secondary offerings. The agreement explicitly prohibits transfer, hedging transactions, public disclosure of intent to sell, and registration demands for covered securities. For market participants, this alters near-term supply expectations and preserves the post-IPO share structure until the lock-up lapse or earlier permitted events occur.
Figma, Inc. (FIG) ha stipulato un Accordo di Blocco Esteso il 30 agosto 2025 con titolari di circa il 54,1% delle sue azioni ordinarie di Classe A in circolazione. Con l'accordo questi soggetti si sono impegnati a non offrire, vendere, impegnare, trasferire o coprire le loro azioni, n茅 a rendere pubblica l'intenzione di farlo, n茅 a richiederne la registrazione per un periodo che inizia dalla data dell'accordo e termina il 31 agosto 2026, fatti salvi specifici casi di deroga. La restrizione riguarda le azioni e gli strumenti convertibili o esercitabili in azioni ordinarie e mantiene il quadro di lock-up gi脿 in vigore collegato all'IPO della societ脿.
Figma, Inc. (FIG) suscribi贸 un Acuerdo de Bloqueo Extendido el 30 de agosto de 2025 con titulares de aproximadamente el 54,1% de sus acciones ordinarias Clase A en circulaci贸n. Seg煤n el acuerdo, estos titulares aceptaron no ofrecer, vender, pignorar, transferir ni cubrir sus acciones, ni divulgar p煤blicamente la intenci贸n de hacerlo, ni exigir su registro durante un per铆odo que comienza en la fecha del acuerdo y finaliza el 31 de agosto de 2026, con las excepciones espec铆ficas previstas. La restricci贸n abarca las acciones y los valores convertibles o ejercitables en acciones ordinarias y preserva el marco de bloqueo ya existente vinculado a la OPV de la compa帽铆a.
Figma, Inc.(FIG)電� 2025雲� 8鞗� 30鞚检棎 氚滍枆 欤检嫕鞚� 鞎� 54.1%毳� 氤挫湢頃� 欤检＜霌り臣 鞐办灔霅� 霛届梾 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 頃措嫻 瓿勳暯鞐� 霐半澕 鞚措摛 欤检＜電� 瓿勳暯鞚茧攵�韯� 2026雲� 8鞗� 31鞚缄箤歆� 鞓堨櫢鞝侅溂搿� 鞝曧暣歆� 瓴届毎毳� 鞝滌櫢頃橁碃 鞛愳嫚鞚� 欤检嫕鞚� 瓿店皽鞝侅溂搿� 鞝滌晥路毵る弰路雼措炒鞝滉车路鞏戨弰頃橁卑雮� 項缝頃橁卑雮�, 攴鸽煷 鞚橃偓毳� 瓿店皽頃橁卑雮�, 霌彪鞚� 鞖旉惮頃橃 鞎婈赴搿� 霃欖潣頄堨姷雼堧嫟. 鞚� 鞝滍暅鞚� 氤错喌欤茧 鞝勴櫂霅橁卑雮� 頄夓偓 臧�電ロ暅 歃濌秾鞚� 韽暔頃� 欤检嫕 鞝勲皹鞐� 鞝侅毄霅橂┌ 須岇偓鞚� IPO鞐� 鞐半彊霅� 旮办〈 霛届梾 觳搓硠毳� 鞙犾頃╇媹雼�.
Figma, Inc. (FIG) a conclu un accord de blocage prolong茅 le 30 ao没t 2025 avec des d茅tenteurs repr茅sentant environ 54,1 % de ses actions ordinaires de classe A en circulation. En vertu de cet accord, ces d茅tenteurs se sont engag茅s 脿 ne pas proposer, vendre, nantir, transf茅rer ou couvrir leurs actions, 脿 ne pas rendre publique l'intention de le faire et 脿 ne pas exiger leur enregistrement pour une p茅riode d茅butant 脿 la date de l'accord et se terminant le 31 ao没t 2026, sous r茅serve d'exceptions sp茅cifi茅es. La restriction couvre les actions ainsi que les titres convertibles ou exer莽ables en actions ordinaires et pr茅serve le cadre de lock-up existant li茅 脿 l'introduction en bourse de la soci茅t茅.
Figma, Inc. (FIG) hat am 30. August 2025 eine erweiterte Lock-up-Vereinbarung mit Inhabern von rund 54,1 % seiner ausstehenden Stammaktien der Klasse A geschlossen. Im Rahmen der Vereinbarung verpflichteten sich diese Inhaber, ihre Aktien f眉r den Zeitraum ab dem Datum der Vereinbarung bis zum 31. August 2026 鈥� vorbehaltlich bestimmter Ausnahmen 鈥� weder anzubieten, zu verkaufen, zu verpf盲nden, zu 眉bertragen noch abzusichern, dies 枚ffentlich anzuk眉ndigen oder die Registrierung ihrer Aktien zu verlangen. Die Beschr盲nkung erstreckt sich auf Aktien sowie auf in Aktien umwandelbare oder aus眉bbare Wertpapiere und bewahrt das bereits bestehende Lock-up-Regelwerk im Zusammenhang mit dem IPO des Unternehmens.
FAQ
What did Figma (FIG) announce in this 8-K?
Who is covered by the Extended Lock-Up Agreement?
What transactions are prohibited under the Extended Lock-Up?
When does the Extended Lock-Up Period end?
Does the lock-up apply to convertible or exercisable securities?
