Israel based, social trading focused online broker eToro has taken the next step in its plans to go public on NASDAQ, publicly filing an “F-1” registration statement with the US Securities and Exchange Commission.
While the filing is preliminary and does not yet specify important elements of the IPO such as the proposed valuation of eToro, size of the offering, and timing, it does disclose in detail eToro’s financial results for 2024 and the past few years, as well as the company’s plans for the near future.
Regarding the IPO itself, it will be led by investment banks Goldman Sachs, Jefferies (which interestingly owns eToro rival FXCM), UBS,…
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