Summary by Moomoo AI
Roku Inc., the streaming platform, has filed a Registration Statement on Form S-8 with the U.S. Securities and Exchange Commission (SEC) on February 16, 2024. This filing pertains to the automatic increase in the number of shares reserved for issuance under Roku's 2017 Equity Incentive Plan. As of January 1, 2024, an additional 7,175,098 shares of Class A common stock became available for incentive stock options, representing a 5% increase based on the outstanding capital stock as of December 31, 2023. The filing incorporates by reference several prior registration statements and the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. Roku, a Delaware-incorporated company, has included the necessary legal opinions and consents in the filing, and the company's executives have signed the document, confirming their belief that all requirements for the filing have been met.