Etoro could set prices on his first public public call (IPO) at a much higher level than the range sold, people familiar with the issue in Bloomberg said.
The company planned to offer 10 million shares for $ 46 to $ 50 each, on the basis of a previous file, but has received much more request than the actions available, according to history.
The IPO is set at a price after the American market on Tuesday.
As with some others, the company based in Israel had interrupted its plans to register on the exchange of the Nasdaq in April in the trembling markets resulting from the trade policies of the American president Donald Trump. Last week, however, Bloomberg said she was entering her stock market, becoming the first company to take over the public plans that were going. Among other things, the IPOs were IPOs on Stablecoin Circle, the Klarna payment application and the Stobhub ticket platform.
Etoro seeks to receive an evaluation of $ 4.5 billion, which is lower than the valuation of $ 10.4 billion he asked for in 2021 during his first attempt to meet in public. He would exchange under the ticket “etor”.
