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The point-of-sale lender, which had been set to begin marketing its shares to investors this coming week ahead of a December listing, now won’t go public until January at the earliest. While the reasons aren’t entirely clear, people familiar with the matter cited the extreme first-day pops this past week in the shares of DoorDash and Airbnb and delays at the SEC amid a flood of listing requests.
“Based on everything we have learned to date, we feel there is an opportunity to improve our specific process for employees, shareholders and future investors both big and small,” Roblox Chief Executive David Baszucki said in a memo to employees that was viewed by the Journal.
https://www.wsj.com/articles/affirm-postpones-initial-public-offering-sources-say-11607801619
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