Roblox Announces Submission of Draft Registration Statement for a Proposed Public Offering of Common Stock.

Roblox, the development and free-to-play gaming platform, with in-game purchases available through the virtual currency called “Robux” announced that it has previously submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of its common stock.

As of August 2020, Roblox has over 164 million monthly active users, with it being played by over half of all children aged under 16 in the United States.

Lifetime player spending surpassed $1.5 billion and May 2020 worldwide spending was $102.9 million.

Announcement: https://lnkd.in/dntjiWj

Data: https://lnkd.in/duW-9gT

Paul Mangione