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  1. May 27, 2021 · His investment vehicle Tulco, in which he is the majority owner, owned 58% of Figs. Tulco sold 21,749,999 shares in the IPO—pocketing $480 million, pretax. The stock began trading at $22 and ...

    • Madeline Berg
  2. Tull—the founder of Legendary Pictures, which he sold to Wang Jianlin's Wanda Group in 2015 for $3.5 billion in cash, stock and debt—was Figs’ majority shareholder before Thursday’s offering. His investment vehicle Tulco, in which he is the majority owner, owned 58% of Figs. Tulco sold 21,749,999 shares in the IPO—pocketing $480 ...

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  4. May 27, 2021 · Movie producer Thomas Tull, the largest investor in FIGS, owns shares worth $478 million. Founded in 2013, FIGS sought to disrupt the $10 billion medical scrubs market by making versions that were well-fitting and comfortable.

  5. May 27, 2021 · But Figs’ two co-founders got a huge boost in 2017 when they landed a $65-million investment from Tull, the founder of Legendary Pictures, which released several “Batman” titles and the ...

    • Laurence Darmiento
    • Staff Writer
    • laurence.darmiento@latimes.com
  6. May 27, 2021 · On Wednesday, FIGS priced its upsized offering of more than 26 million of its Class A shares far above its range, to raise $580.5 million. The shares opened at $28.30 each, up from the offer price ...

  7. May 28, 2021 · Figs is backed by Tulco LLC, an investment firm led by billionaire businessman Thomas Tull. In the past, actor Will Smith was also an investor in Figs. Goldman Sachs & Co, Credit Suisse, Morgan Stanley, Barclays and BofA Securities are among underwriters for the offering.

  8. May 27, 2021 · FIGS is backed by Tulco LLC, an investment firm led by billionaire businessman Thomas Tull. In the past, actor Will Smith was also an investor in FIGS. Goldman Sachs & Co, Credit...

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