Etoro could establish prices in its initial public offer (IPO) at a much higher level than the marketing range, people familiar with the Bloomberg issue said.
The company planned to offer 10 million shares for $ 46 to $ 50 each, according to a previous presentation, but received significantly more demand than available actions, according to history.
The opi is configured for the price after Tuesday of the US market. UU. Tuesday.
As with some others, the Israel -based company had stopped its plans to list Nasdaq in April in the midst of unstable markets resulting from the commercial policies of the president of the United States, Donald Trump. Last week, however, Bloomberg reported that he was proceeding with his opi, becoming the first company to resume public plans. Among others, delaying the OPI were Stablecoin Emier Circle, the application of Klarna payments and the STUBHUB ticket platform.
Etoro is looking to receive an assessment of $ 4.5 billion that is below the valuation of $ 10.4 billion that he sought in 2021 when he tried to make public for the first time. It would be negotiated under the “ETOR” ticket.
