---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-001719"
form_type: "8-K"
ticker: "FIGS"
cik: "0001846576"
company_name: "FIGS, Inc."
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-28T00:18:13.326644+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FIGS rejects unsolicited acquisition proposal from STORY3 Capital Partners

## Summary
- Board of Directors, including a Special Committee of independent directors, rejected STORY3's unsolicited acquisition proposal.
- Company cited confidence in its standalone plan and prospects after careful review with independent financial and legal advisors.
- Decision communicated via letter on January 16, 2025; no terms of the proposal were disclosed.

## SEC filing metadata
- accession: 0001628280-25-001719
- form_type: 8-K
- ticker: FIGS
- cik: 0001846576
- company_name: FIGS, Inc.
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846576/000162828025001719/0001628280-25-001719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846576/000162828025001719/figs-20250116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-001719
- JSON: https://secwatch.observer/filing/0001628280-25-001719.json
- Plain text: https://secwatch.observer/filing/0001628280-25-001719.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.