Page 9 - நம்பகத்தன்மை மேலாண்மை ஆராய்ச்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
(FTCV) - Here s Everything You Need To Know About The eToro SPAC Merger
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eToro unveils plans to go public via SPAC merger
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SPAC merger will take eToro public with a valuation of $10 4B
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Digital trading platform eToro has revealed its desire to become a publicly-traded company following a merger that values the company at an estimated $10.4billion.
The Israeli-based brokerage firm said it has entered a deal to combine with the special purpose acquisition company (SPAC) Fintech V, which was set up by prominent SPAC investor and Jefferson Bank founder Betsy Cohen.
It hopes to be listed on the technology-focused Nasdaq stock exchange when the transaction is finalised and the new company will operate as eToro Group.
EToro said it has entered a deal with the special purpose acquisition company Fintech V, which was set up by prominent SPAC investor and Jefferson Bank founder Betsy Cohen