Roblox Corporation - RBLX STOCK NEWS

Roblox Corporation (NYSE: RBLX) has announced the pricing of $1.0 billion of 3.875% senior notes due in 2030. The offering targets qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The closing is expected on October 29, 2021. The notes will mature on May 1, 2030, with interest paid semi-annually starting May 1, 2022. Roblox plans to utilize the proceeds for general corporate purposes including capital expenditures and strategic investments.

Roblox Corporation (NYSE: RBLX) plans to offer $1.0 billion in senior unsecured notes to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The specific terms, including interest rate and maturity date, will be set through negotiations. Proceeds from this offering are intended for general corporate purposes, including production, capital expenditures, investments, working capital, and potential acquisitions. The notes have not been registered under the Securities Act, and this announcement does not constitute an offer to sell or buy the Notes.

Roblox has partnered with Insomniac to host the Electric Daisy Carnival (EDC), marking it as the first music festival held in the Roblox metaverse. The virtual festival will run from October 22 to October 25, coinciding with the physical event at the Las Vegas Motor Speedway. Attendees can enjoy live performances from over 50 artists, including Kaskade and Zedd, within the World Party experience. This collaboration emphasizes Roblox's role in innovating immersive music experiences and expanding virtual engagement for artists and fans.

Roblox Corporation (NYSE: RBLX) will host its 2021 Investor Day event on November 16, 2021, starting at 8:00 am PT / 11:00 am ET. Founder and CEO David Baszucki will present the company’s latest product innovations and its long-term vision for the metaverse. The event will be available via a live webcast on Roblox's YouTube channel, with a replay accessible on the investor relations website for at least 12 months.

Roblox aims to build a platform for shared experiences among billions, engaging tens of millions daily.

Roblox Corporation (NYSE: RBLX) will release its third quarter 2021 financial results and key October metrics on November 8, 2021, after market close. A conference call to discuss these results is scheduled for November 9, 2021, at 5:30 AM PT / 8:30 AM ET. Investors can access a live webcast via the investor relations website, with a replay and transcript available for a year. Roblox aims to create a safe and diverse community for billions of users, allowing shared experiences across their platform.

Roblox (NYSE: RBLX) has introduced the first-ever Roblox Listening Party, featuring artist Poppy and her new album Flux. This innovative event allows fans to experience music while engaging in popular Roblox experiences. Poppy, a groundbreaking artist with a GRAMMY nomination, expressed excitement about launching her album on this platform. The event showcases how Roblox aims to integrate music within its community, providing artists a unique means to connect with fans. As players explore popular games, they can enjoy Poppy's album and participate in exclusive activities.

Roblox Corporation (NYSE: RBLX) reported strong key metrics for August 2021. Daily active users surged to 48.2 million, a 32% increase year-over-year, while hours engaged rose to 4.0 billion, also up 32%. Estimated bookings ranged from $219 million to $222 million, representing a 29%-31% increase year-over-year. Revenue is expected between $167 million and $170 million, marking an impressive 98%-102% year-over-year growth. Average bookings per DAU decreased slightly to between $4.54 and $4.60.

Roblox (NYSE: RBLX) and Warner Music Group (NASDAQ: WMG) have partnered to launch the Twenty One Pilots Concert Experience on September 17, 2021, at 4 p.m. PDT. This interactive virtual concert utilizes Roblox technology to allow fans to dictate the setlist in real-time and participate in pre-concert quests across Roblox's popular experiences. Featuring exclusive merchandise and behind-the-scenes content, the concert aims to enhance fan engagement. The event aligns with Twenty One Pilots' creative philosophy, presenting a five-song set including hits and new material.

Roblox (NYSE: RBLX) and Vans have partnered to launch Vans World, an interactive skateboarding experience within the Roblox metaverse. This unique platform allows users to customize Vans skate shoes and interact with friends while practicing skateboarding tricks. The experience features four customizable shoe silhouettes and aims to blend real-world fashion with virtual engagement, showcasing Vans' commitment to creative expression. This marks Vans' first significant venture into the metaverse, emphasizing the brand's connection to youth culture and skateboarding.