UK news source Financial Times is reporting that social trading focused online broker eToro has filed for an initial public offering (IPO) with US securities regulators.
eToro IPO filing
The confidential filing will allow eToro to clear any comments or issues the regulators may have regarding its prospectus and its financial statements, before eToro has to release that information to the greater public.
Depending on how long its prospectus takes to clear the regulators, and the overall state of the markets, eToro could be ready to go public in Q2-2025.
Investment banks and listing
We had reported in early December that eToro was moving forward with IPO plans,…
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