Roblox to begin trading on NYSE

Online entertainment platform Roblox Corp. expects to list its shares on the New York Stock Exchange on March 10, the company announced in a March 9 news release.

Roblox will trade its class A common stock under the symbol RBLX.

In an amendment to a Form S-1 filed Feb. 22, Roblox said it intends to register the resale of up to 198,917,280 shares for a proposed maximum aggregate offering price of $169.1 million.

The company previously postponed its IPO plan in light of U.S. Securities and Exchange Commission's scrutiny of how the company recognizes revenue.