Trading platform eToro to go public via SPAC merger in $10B deal

Trading platform eToro to go public via SPAC merger in $10B deal

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/16/trading-platform-etoro-to-go-public-via-spac-merger-in-10b-deal/

Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal.

Once the transaction closes sometime in the third quarter, the combined company will operate as eToro Group Ltd. and is expected to be listed on the Nasdaq exchange.

Trading platform eToro to go public via SPAC merger in $10B deal

Mar 16, 2021, 8:40pm UTC
https://techcrunch.com/2021/03/16/trading-platform-etoro-to-go-public-via-spac-merger-in-10b-deal/ > Multi-asset investing and trading platform and Robinhood competitor eToro announced Tuesday it will go public via a merger with SPAC FinTech Acquisition Corp. V in a massive $10.4 billion deal. > Once the transaction closes sometime in the third quarter, the combined company will operate as eToro Group Ltd. and is expected to be listed on the Nasdaq exchange.