Findell Issues Report and Letter to CEO and Board of Directors of Figma

Believes Figma is Significantly Undervalued Calls for Management to Sharpen Product Focus and Rationalize Costs in Line with Competitors Calls for Board to Examine Relationship with Anthropic Given Launch of Claude Design NEW YORK, May 28, 2026 /PRNewswire/ -- Findell Capital Management LLC, ("Findell Capital" or "Findell"), which beneficially owns shares of common stock of Figma, Inc. (NYSE: FIG) (the "Company" or "Figma"), today issued the following letter to the CEO and Board of Directors of Figma, as well as an accompanying report (see here). Findell believes that Figma has a strong moat that investors will come to appreciate over the coming months.