Reported 4 months ago
Israeli trading platform eToro is looking to raise approximately $620 million in an upsized U.S. initial public offering, offering shares at $52 each, exceeding its target range. The company plans to start trading on the Nasdaq Global Select Market under the symbol 'ETOR' on May 14. This follows a previous failed attempt to go public through a SPAC in 2022 and recent regulatory adjustments limiting its U.S. crypto offerings.
Source: YAHOO