02:30 PM EDT, 05/05/2025 (MT Newswires) -- ETORO has launched the roadshow for its planned initial public offering of 10 million class A common shares, which is expected to be priced between $46.00 and $50.00 per share, the company, which is an Israel-based trading and investing platform, said Monday.
Under the IPO, 5 million shares will be offered by the company and the remaining shares will be offered for sale by certain existing shareholders. The company said it also plans to grant underwriters a 30-day option to purchase an additional 1.5 million shares.
The company said it has applied to list its shares on the Nasdaq under the ticker ETOR.