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May 6, 2021, 2:35 p.m. EDT

Medical scrubs company Figs files for IPO

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By Tonya Garcia

Figs Inc. /zigman2/quotes/203784030/composite FIGS -6.75% , the direct-to-consumer healthcare apparel and lifestyle brand that sells items like medical scrubs, face masks and shields, has filed paperwork with the Securities and Exchange Commission to go public. The company plans to trade on the New York Stock Exchange under the ticker "FIGS." Lead underwriters for the IPO are Goldman Sachs and Morgan Stanley. Figs has set a target of raising $100 million, typically a placeholder amount. The Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO +0.70% has slumped 14.5% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.58% has gained 11.1% for the period.

/zigman2/quotes/203784030/composite
US : U.S.: NYSE
$ 43.37
-3.14 -6.75%
Volume: 1.38M
June 24, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$6.86 billion
Rev. per Employee
N/A
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/zigman2/quotes/207665280/composite
US : U.S.: NYSE Arca
$ 65.98
+0.46 +0.70%
Volume: 91,510
June 24, 2021 4:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,266.49
+24.65 +0.58%
Volume: 1.87B
June 24, 2021 5:29p
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