No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

eToro raises $620m in Nasdaq IPO

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
eToro raises 0m in Nasdaq IPO
Share on FacebookShare on TwitterShare on LInkedIn


Israeli online trading platform eToro (Nasdaq: ETOR) has successfully completed its Wall Street IPO. The company enjoyed high demand for the flotation on Nasdaq at a company valuation of $4.3 billion (about $5.1 billion in full dilution). eToro raised $620 million, after increasing the number of shares offered. This is the largest Israeli IPO since Mobileye in 2022, and one of the largest IPOs on Wall Street this year.





RELATED ARTICLES




Strong demand in IPO pushes up eToro’s valuation


eToro shares being offered at $1.7b company valuation






eToro had planned to issue shares at a price of $46-50, but took advantage of the bullish market to sell six million shares at a higher price of $52. The funds raised could increase by $93 million, if the underwriters exercise the option to purchase additional shares at the offering price within 30 days. The offering was led by underwriters Goldman Sachs, Jefferies, UBS and Citigroup, along with a long list of other banks – Deutsche Bank, Bank of America, Kantor, Citizens Capital Markets, Keefe, Bruyette & Woods, Mizuho, TD Securities, Canaccord, Moelis, Needham, Rothschild and Susquehanna.

One of the anchor investors in the IPO was US asset manager BlackRock, which bought shares for $100 million in the flotation.

The IPO was postponed from March

eToro, which was founded in 2007 by CEO Yoni Assia, Ronen Assia and David Ring, has developed a trading platform for investors in a range of assets, from stocks and indices to commodities and cryptocurrencies. The company had filed for an IPO at the end of March but deferred the flotation after US President Trump’s announcement on tariffs led to sharp declines on Wall Street.

The valuation achieved by eToro was much lower than the SPAC merger that was planned in 2021 at a company valuation of $10.4 billion, which was then reduced to $8.8 billion before being canceled. But this is still a huge amount and higher than the $3.5 billion valuation received by eToro in its most recent financing round in 2023.

Published by Globes, Israel business news – en.globes.co.il – on May 14, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: 620MeToroIPONasdaqRaises
ShareTweetShare
Previous Post

What Are the Most Common Construction Injuries in North Carolina? 2025

Next Post

Day Trader? 3 Easy Steps to Find High-Potential Trading Setups For the Day Ahead

Related Posts

edit post
Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

by TheAdviserMagazine
October 29, 2025
0

Coca-Cola (KO) is a resilient, dividend-paying consumer staples giant with a global footprint and strong brand loyalty. There's a reason...

edit post
Israeli web security co Reflectiz raises m

Israeli web security co Reflectiz raises $22m

by TheAdviserMagazine
October 29, 2025
0

Israeli web exposure management platform Reflectiz today announced the completion of a $22 million Series B financing round led...

edit post
Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

by TheAdviserMagazine
October 29, 2025
0

Business services provider Quess Corp on Wednesday, reported its September quarter (Q2FY26 ) results, with revenue rising 3% year on...

edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

by TheAdviserMagazine
October 29, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
Nvidia is officially the world’s first  trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

by TheAdviserMagazine
October 29, 2025
0

Nvidia made history Wednesday, becoming the world’s first company to reach a $5 trillion market capitalization as shares surged more...

edit post
VF Corp tops Q2 forecast on strong back-to-school, wholesale demand

VF Corp tops Q2 forecast on strong back-to-school, wholesale demand

by TheAdviserMagazine
October 29, 2025
0

However, on a constant dollar basis, revenue at VF Corp declined by 1% YoY. This still surpassed the company’s previously...

Next Post
edit post
Day Trader? 3 Easy Steps to Find High-Potential Trading Setups For the Day Ahead

Day Trader? 3 Easy Steps to Find High-Potential Trading Setups For the Day Ahead

edit post
Why effective tax data management is non-negotiable

Why effective tax data management is non-negotiable

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Israeli web security co Reflectiz raises m

Israeli web security co Reflectiz raises $22m

0
edit post
2025 Dividend Discount Model | Excel Calculator & Examples

2025 Dividend Discount Model | Excel Calculator & Examples

0
edit post
Grokpedia | Armstrong Economics

Grokpedia | Armstrong Economics

0
edit post
TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets

TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets

0
edit post
The Fastest Way to Accumulate the Greatest Amount of Wealth

The Fastest Way to Accumulate the Greatest Amount of Wealth

0
edit post
Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

0
edit post
Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

October 29, 2025
edit post
Jean Chatzky Warns That Emotional Loyalty Can Derail Retirement Planning as 85% of Americans Admit They Would Risk Financial Security to Help Family

Jean Chatzky Warns That Emotional Loyalty Can Derail Retirement Planning as 85% of Americans Admit They Would Risk Financial Security to Help Family

October 29, 2025
edit post
TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets

TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets

October 29, 2025
edit post
Oasis CEO uses AI to create financial plans, stock analyses

Oasis CEO uses AI to create financial plans, stock analyses

October 29, 2025
edit post
Israeli web security co Reflectiz raises m

Israeli web security co Reflectiz raises $22m

October 29, 2025
edit post
Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.
  • Jean Chatzky Warns That Emotional Loyalty Can Derail Retirement Planning as 85% of Americans Admit They Would Risk Financial Security to Help Family
  • TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.