Roblox announced today that it has confidentially submitted a statement with the SEC for a proposed public offering. The number of shares the company is set to offer hasn't yet been announced.

Roblox is cherished by millions of players worldwide, and its popularity has continually increased since its release.

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Roblox, an online video game development and interactive co-experience platform, filed on Thursday with the SEC to raise up to $1.0 billion in an initial public offering.