insight detail
Wilson Sonsini Advises Roblox in Direct Listing on NYSE
- 03/15/21
- Client Highlights
- Digital Media and Entertainment
- Electronic Gaming
On March 10, 2021, Roblox Corporation, an online human co-experience platform with millions of immersive digital experiences, commenced trading of its Class A common stock in a direct listing on the New York Stock Exchange symbol “RBLX.” In its debut on the NYSE, Roblox’s stock closed at $69.50 on March 10, giving the company a market cap of $38 billion. Wilson Sonsini Goodrich & Rosati advised Roblox in the transaction.
The Wilson Sonsini team advising Roblox includes partners Tony Jeffries, Michael Coke, Lianna Whittleton, and Scott McCall, Of Counsel Jessica Bliss, associates Nathan Robinson, Emily Coskey, Yingting Zhang, Nico Kerr, and RJ Lang, venture counsel Elizabeth Youngberg, law clerk Kevin Dong, and paralegal Marianne Stark-Bradley.
