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May 23, 2022
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Israel’s eToro Targeting $1 Billion Funding Round After SPAC Stalls

Source: algemeiner.com algemeiner.com
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News Snapshot:
The logo of the Israeli fintech company eToro. Photo: Marco Verch / Flickr CTech – The SPAC market is dead and Israeli company eToro is paying the price. The trading company that was bogged down by a protracted prospectus and regulatory process did not manage to complete its SPAC merger at a valuation of $10.3 billion in time and now seems to understand that it will not be able to go public as it has planned. Calcalist has learned that while it continues to work to complete the SPAC merger, eToro is also in advanced stages of completing a massive...
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