FIGS, Inc. Enters Material Definitive Agreement

Ticker: FIGS · Form: 8-K · Filed: 2025-12-15T00:00:00.000Z

Sentiment: neutral

Topics: debt, financing, agreement

Related Tickers: FIGS

TL;DR

FIGS just signed a new debt deal, watch their cash flow.

AI Summary

On December 9, 2025, FIGS, Inc. entered into a material definitive agreement, specifically a credit agreement. This agreement creates a direct financial obligation for the registrant, indicating a new debt or financing arrangement that will impact its balance sheet.

Why It Matters

This filing indicates FIGS, Inc. has entered into a new financial obligation, which could signal expansion plans or a need for capital, impacting its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce leverage and repayment risks, but the specifics of the agreement are not yet detailed.

Key Players & Entities

FAQ

What type of material definitive agreement did FIGS, Inc. enter into?

FIGS, Inc. entered into a credit agreement, as indicated by the filing.

What is the date of the earliest event reported in this 8-K filing?

The earliest event reported is dated December 9, 2025.

What is the principal executive office address for FIGS, Inc.?

The principal executive offices are located at 2834 Colorado Avenue, Suite 100, Santa Monica, California 90404.

Under which section of the Securities Exchange Act is this Form 8-K filed?

This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Does this agreement create a direct financial obligation for FIGS, Inc.?

Yes, the filing explicitly states that the agreement creates a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.

From the Filing

0001628280-25-057032.txt : 20251215 0001628280-25-057032.hdr.sgml : 20251215 20251215163015 ACCESSION NUMBER: 0001628280-25-057032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20251209 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20251215 DATE AS OF CHANGE: 20251215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIGS, Inc. CENTRAL INDEX KEY: 0001846576 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40448 FILM NUMBER: 251572004 BUSINESS ADDRESS: STREET 1: 2834 COLORADO AVENUE STREET 2: SUITE 100 CITY: SANTA MONICA STATE: CA ZIP: 90404 BUSINESS PHONE: 420-500-8209 MAIL ADDRESS: STREET 1: 2834 COLORADO AVENUE STREET 2: SUITE 100 CITY: SANTA MONICA STATE: CA ZIP: 90404 8-K 1 figs-20251209.htm 8-K figs-20251209 0001846576 FALSE 0001846576 2025-12-09 2025-12-09 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 9, 2025 FIGS, Inc. (Exact name of Registrant as Specified in Its Charter) Delaware 001-40448 46-2005653 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           2834 Colorado Avenue , Suite 100   Santa Monica , California   90404 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code: (424) 300-8330 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, $0.0001 par value per share FIGS New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. On December 9, 2025, FIGS, Inc. (the “ Company ”) entered into a First Amendment to Office Lease (the “ First Amendment ”) with 2834 Colorado Avenue, LLC, a Delaware limited liability company (the “ Landlord ”), amending that certain Office Lease, by and between the Company and Landlord, dated as of November 26, 2018, which was originally expected to expire by its terms on January 31, 2030 (the “ Original Lease ” and, as amended by the First Amendment, the “ Lease ”). Prior to the First Amendment, the Company’s headquarters consisted of (i) approximately 26,118 s

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