Gamestop, a technology company that operates over 800 stores in the United States, has filed for an initial public offering.
The company, which raised $6.5 million in a round led by SoftBank in 2014, says it expects to raise $1.4 billion in its IPO.
The company also has an additional $2.8 billion in capital raised from existing investors.
The stock is expected to trade on the New York Stock Exchange under the ticker TWLLP.
The company has raised more than $200 million in funding in the past two years and said it plans to spend another $200m to expand its business in 2018.
Gamestop has faced several recent regulatory setbacks, including a series of regulatory filings with the Securities and Exchange Commission.
Last month, Gamestamp was ordered to pay $500,000 in back taxes on $2 billion in sales it made to the Internal Revenue Service.
Gamestamps sales in 2016, the year the agency began enforcing the tax, accounted for more than 40 percent of the company’s total revenue, according to the SEC filing.
In November, Gamersgate filed for bankruptcy protection after losing its gaming business to rivals such as Twitch.com and Microsoft.
More recently, Gametube filed for Chapter 11 protection in July, citing a loss of more than half its revenue.
Gametubes filing raised eyebrows from the gaming community and gaming industry experts, who called for a complete overhaul of the gaming industry.