EToro IPO Filing Cites Israel-Hamas Conflict as Potential Business Risk

EToro IPO filing cites Israel-Hamas conflict as potential business risk

The Israel-Hamas conflict and geopolitical tensions in the region could hurt eToro's operations, the company said in the risk factors of its IPO filing.

Pre-IPO companies may be able to engage investors early, under new MAS proposals

These proposed changes can provide greater flexibility for issuers to gauge investor interest before IPO. Read more at straitstimes.com.

EToro IPO Nets Spark Capital $530 Million Gain From Early Bet

The venture firm first invested in the Israeli Robinhood competitor 15 years ago.

Kandal M. Venture Ltd. (FMFC) Announces May 19th IPO

Kandal M. Venture Ltd. (FMFC) expects to raise $9 million in an initial public offering (IPO) on the week of May 19th, IPO Scoop reports. The company will be issuing 2,000,000 shares at $4.00-$5.00 per share. In the last twelve months, Kandal M. Venture Ltd. generated $14 million in revenue and $1.1 million in net […]

eToro Shares Surge 29% in Strong Nasdaq Debut, Spark Capital Nets $530 Million

Early investor Spark Capital scored a massive $530 million gain as trading platform eToro (NASDAQ: ETOR) made a spectacular entrance into public markets on Wednesday, with shares closing 29% above their initial offering price. The Israel-based investment platform closed at $67 per share, well above its $52 IPO price, giving the company a market valuation exceeding $5.5 billion and delivering a 29-fold return on Spark's original $19 million inves…