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eToro Group Ltd. has announced the pricing of its upsized IPO of 11,923,018 Class A common shares at $52.00 per share. The offering consists of equal parts shares from eToro and existing shareholders (5,961,509 shares each). Trading will commence on May 14, 2025, on the Nasdaq Global Select Market under ticker ETOR.
The company has granted underwriters a 30-day option to purchase up to an additional 1,788,452 Class A common shares. The IPO is expected to close on May 15, 2025. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup are serving as lead book-running managers, with several other firms acting as additional book-running managers and co-managers.
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