Video game platform Roblox has confidentially filed for an IPO, according to a company statement to Bloomberg.
The number of shares and price for the offering weren’t revealed.
Last week, Reuters reported that Roblox would seek an $8B valuation, double the valuation during a $450M private investing round in February.
Roblox makes freemium games and operates Roblox Studio, a free game creation system that competes with recently listed Unity Software (NYSE:U).
Previously: Unity competitor Roblox considering U.S. IPO – Reuters (Oct. 01 2020)
