Roku said Tuesday it plans to share up to 1 million shares of common stock.
The company said it will use the proceeds to fund capital expenditures and operating expenses associated with running the business, including marketing activities and repayment of debt, among other purposes. It said the proceeds could also be used to "acquire or invest in businesses, products and technologies" that complement the company, but that it has no commitments to do so currently.
Roku also disclosed in the filing that some shareholders would be selling up to 571,459 shares as part of an agreement tied to
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