SCHEDULE 13G/A: Altos Ventures and Affiliates Disclose Passive Stake in Roblox Corp
Beneficial Ownership Report
Altos Ventures and its associated entities and individuals have filed an amended Schedule 13G, detailing their passive beneficial ownership of Roblox Corp Class A Common Stock as of December 31, 2024.
Summary
- This Schedule 13G/A (Amendment No. 4) was filed by Altos Ventures IV, L.P., its affiliated funds (Altos Ventures IV Liquidity Fund, L.P., Altos Ventures IV Reserve Fund, L.P., Altos Hybrid 2, L.P., Altos Hybrid 4, L.P.), and related SPVs (Altos Roblox SPV 1, LLC, Altos Roblox SPV 2, LLC, Altos Roblox SPV 2020, LLC), along with their general partners/managers and key individuals Anthony P. Lee, Han Kim, and Hodong Nam.
- The filing reports beneficial ownership of Roblox Corp's Class A Common Stock ($0.0001 par value) as of December 31, 2024.
- Anthony P. Lee is reported as beneficially owning 22,416,191 shares, representing 3.7% of the Class A Common Stock.
- Han Kim is reported as beneficially owning 21,117,919 shares, representing 3.5% of the Class A Common Stock.
- Hodong Nam is reported as beneficially owning 21,831,441 shares, representing 3.6% of the Class A Common Stock.
- The percentages of ownership are calculated based on 607,546,629 shares of Roblox Corp's Class A Common Stock outstanding as of October 15, 2024, as reported in the Issuer's Form 10-Q filed on October 31, 2024.
- The filing indicates that the reporting persons hold 5 percent or less of the class, consistent with the requirements for a Schedule 13G filing, which signifies a passive investment intent.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative operational or financial news. The sentiment is neutral as it simply reports a passive stake.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by an investment firm in a publicly traded company within the interactive entertainment and metaverse industry. It does not provide specific insights into Roblox Corp's operational performance or strategic direction, but rather details the ownership structure of a significant, albeit passive, investor.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant passive ownership stakes by institutional investors and their principals, which can influence market perception of investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2024-10-15 | Date of outstanding Class A Common Stock calculation (607,546,629 shares). |
| 2024-10-31 | Date of Issuer's Quarterly Report on Form 10-Q filing with the SEC. |
| 2024-12-31 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-02-14 | Date of filing and signature for the Schedule 13G/A. |
Keywords
Roblox Corp, RBLX, SEC filing, Schedule 13G, beneficial ownership, institutional investor, Altos Ventures, Class A Common Stock, passive investment
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.