financetom
Business
financetom
/
Business
/
eToro Prices Upsized IPO Above Indicative Range
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
eToro Prices Upsized IPO Above Indicative Range
May 26, 2025 7:28 AM

04:01 AM EDT, 05/14/2025 (MT Newswires) -- eToro Group said late Tuesday it priced its initial public offering of about 11.9 million class A common shares at $52 per share, upsized from 10 million shares.

The company was targeting an indicative range of $46 to $50 per share.

About 6 million shares in the offering will be sold by the company itself and roughly 6 million shares will be sold by certain existing shareholders.

eToro, a trading and investing platform, granted the underwriters a 30-day option to buy up to an additional about 1.8 million shares.

The shares are expected to start trading on the Nasdaq Global Select Market on Wednesday under the ticker symbol "ETOR." The offering is expected to close on Thursday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Maple Leaf Foods Suing Canada Bread, Parent Company For Defamation Related to Alleged Price-fixing Scheme
Market Chatter: Maple Leaf Foods Suing Canada Bread, Parent Company For Defamation Related to Alleged Price-fixing Scheme
Nov 22, 2024
09:32 AM EST, 11/22/2024 (MT Newswires) -- Maple Leaf Foods Inc. ( MLFNF ) is suing Canada Bread Co. Ltd. and its parent, Mexico-based Grupo Bimbo, accusing the companies of defamation related to their claims about Maple Leaf's role in an alleged industry-wide scheme to fix bread prices from 2001 to 2015, The Globe and Mail is reporting on Friday....
Abu Dhabi's Adnoc considers selling stake in gas unit, Bloomberg News reports
Abu Dhabi's Adnoc considers selling stake in gas unit, Bloomberg News reports
Nov 22, 2024
Nov 22 (Reuters) - United Arab Emirates energy giant Abu Dhabi National Oil Co. (Adnoc) is considering selling 3% to 5% of Adnoc Gas, Bloomberg News reported on Friday citing people familiar with the matter. ...
Virpax Pharmaceuticals Shares Surge After Reporting Positive Results for Prospective Pain Drug
Virpax Pharmaceuticals Shares Surge After Reporting Positive Results for Prospective Pain Drug
Nov 22, 2024
09:36 AM EST, 11/22/2024 (MT Newswires) -- Virpax Pharmaceuticals ( VRPX ) surged in recent Friday trading after the specialty medications company said injections of its Probudur drug candidate into tissue surrounding an incisional wound provided both immediate and extended pain relief in minipigs during preclinical testing to determine optimal dosing ranges. All of the minipigs in the study showed...
Sony India secures $170 mln Asian cricket media rights; Reliance-Disney skips bidding
Sony India secures $170 mln Asian cricket media rights; Reliance-Disney skips bidding
Nov 22, 2024
By Aditya Kalra and Aleef Jahan C S Nov 22 (Reuters) - Sony's ( SONY ) India unit said on Friday it had secured the media rights for all Asian Cricket Council (ACC) tournaments until 2031, which a source with direct knowledge of the matter put the value at $170 million. Disney ( DIS ) and Reliance, seen as frontrunners,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved