Online gaming platform Roblox is set to go public today through the year’s first direct listing. The NYSE listed a $45 reference price per share of Class A common stock, which begins trading today under RBLX. At that price, the company would command a market value of nearly $30 billion, Reuters reported. Read more.
Related Posts
Malaysia’s Hibiscus Explores Singapore SPAC Listing
The blank-check company, which could raise S$150 million (US$110 million) to S$200 million (US$146 million), will look for acquisition targets in the renewable energy sector.
GameStop is a ‘SPAC’ Now: Report
If the idea of a listed company full of cash looking to become something else sounds familiar, it’s because it’s also the idea behind SPACs, Reuters reports.
Origin Materials In Talks With Artius: Report
Origin Materials, a chemical-technology company, is in talks to go public via a merger with Artius Acquisition, Bloomberg reports.
Crypto Firm Circle Blames SEC for Collapse of $9B SPAC Deal
Circle Internet Financial and Concord Acquisition last month terminated their proposed business combination initially announced in July 2021. Shortly thereafter, Concord redeemed shares and dissolved.