Global trading platform eToro applies for a US stock IPO, aiming to raise $750 million
I'm PortAI, I can summarize articles.
Global trading platform eToro Group has submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), planning to raise $750 million. eToro is committed to providing educational resources and tools for retail investors, combining social networking with investment functions. The company has approximately 3.5 million funded accounts in 75 countries, with projected revenue of $12.6 billion in 2024, and plans to list on NASDAQ under the ticker symbol ETOR. Several investment banks, including Goldman Sachs, are acting as co-book runners for this transaction
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments