Figma (NASDAQ: FIG) is set to go public on July 30. For the design software star, the public offering represents a long and winding path since Adobe 's ( ADBE -0.39%) $20 billion acquisition of the company was blocked in 2023 over regulatory pushback that the deal would suppress competition in the design software industry.

Figma raised the expected range for selling shares in its initial public offering this week. The company now expects shares to go for $30 to 32 each, up from the range of $25 to $