Roblox Corp. plans to register with the SEC to go public via a direct listing of its stock, instead of through an IPO as it had planned, The Street reports. The San Mateo, Calif., videogame company said it would commence the direct listing after the SEC completes its review process. Read more.
Related Posts
Tech Company Grab Said to be Nearing $35B SPAC Deal: Report
It would be the biggest-ever blank check deal.
Big Four Shunned SPAC IPOs But Now Flock to Audit New Companies
The Big Four’s embrace of the market is no surprise; it makes sense for firms to follow the money and accept buzzy clients in emerging industries.
Omeed Malik Reportedly Planning $130M SPAC
The blank-check firm intends to merge with a fast-growing company or companies in any industry.
Beware of SPAC Listings, EU Markets Watchdog Tells Investors: Report
Investing in SPACs may not be appropriate for everyone, and additional action may be needed to preserve investor protection, the European Union’s markets watchdog said today, Reuters reports.