Roblox had been considering a more traditional IPO, but tabled its plans last month after DoorDash and Airbnb popped on consecutive days, leading to concern that the company risked leaving too much money on the table. In the morning, the market makers will match buyers and sellers to determine the opening price and the stock will be available to the broader market under the ticker symbol "RBLX." Under the direct listing, the NYSE will set a reference price for the stock the night before Roblox's debut, but no shares will be traded at that price. By raising some money before going public, Roblox was able to pad its balance sheet and preserve the ability to bring in more capital through a secondary sale later this year. In the updated filing, Roblox said an independent valuation report in December placed the shares at $41.52 apiece. The latest funding round, at $45 a share, valued Roblox at $29.5 billion. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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