Roblox ipo name10/10/2023 ![]() ![]() This factors in that Roblox has 652 million shares outstanding.However, sources close to the Roblox IPO said a $45 reference price means the company could be worth as much as $29.3 billion. ![]() The reference price in a direct listing does not indicate the market capitalization.It follows other tech companies like Palantir and Asana. Importantly, the Roblox IPO will be the fifth such direct listing.Instead, existing shareholders can sell their shares based on market demand. This means the company will not be raising any capital.Unlike traditional initial public offerings, Roblox has chosen to come public via a direct listing. ![]()
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