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Israel's eToro targets $4 billion valuation in US IPO
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Israel's eToro targets $4 billion valuation in US IPO
May 26, 2025 1:11 AM

May 5 (Reuters) - Israel's eToro Group said on Monday it

was targeting a valuation of up to $4 billion in its initial

public offering in the United States.

The retail trading platform and some existing stockholders

are aiming to raise as much as $500 million by offering 10

million shares priced between $46 and $50 each.

Goldman Sachs, Jefferies, UBS Investment Bank and Citigroup

are the lead underwriters for the offering.

The company will list on the Nasdaq Global Select Market

under the symbol "ETOR".

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