Roblox Files For NYSE IPO As Userbase Grows 82% In 2020
Online gaming platform and game developer Roblox Corp. filed a preliminary prospectus for an initial public offering with the U.S. Securities and Exchange Commission on Thursday.
Roblox IPO: The gaming company intends to list its shares on the New York Stock Exchange under the symbol “RBLX.” The number of share issues and expected proceeds from the listing is still uncertain.
Early in October, there were reports that the California-based gaming company was considering going public either through an IPO or by way of a direct listing.
Roblox’s authorized share capital consists of two classes of shares. Class A common stockholders are entitled to one vote per share. Whereas Class B shareholders are entitled to …