![]() ![]() Originally planning for an initial public offering (“IPO”) in November 2020, the first delay came from a strategic choice to proceed through a direct listing rather than the traditional IPO.Ī direct listing is a less common mechanism for a company to list its shares publicly and is considered less costly but riskier for current investors. However, recent scrutiny from the SEC may delay listing. ![]() Roblox filed a second amendment to its S-1 Prospectus in preparation for a listing on the New York Stock Exchange (“NYSE”) in February of 2021 under the ticker “RBLX”. It is free-to-play but, with millions of users, generated $590 million in revenue for the first three quarters of 2020, including $242.2 million in the third quarter. EResearch| If you don’t know what Roblox is, find a tween or teenager to explain.Īt its core, Roblox is an online platform or toolbox for making games across several genres (e.g., shooting, role-playing games, or strategy games). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |