Of the 11.92 million shares offered in the IPO, 5.96 million are coming from eToro itself while the rest will come from existing shareholders. This includes Yoni Assia, eToro’s CEO and co-founder, who is offloading 549,635 Class A shares
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eToro set to go public on Wednesday in key test for IPO market, trading firm prices $2 above range at $52
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eToro’s IPO involved 11.92 million Class A shares, with half offered by eToro and the other half by existing shareholders including CEO Yoni Assia, co-founder Ronen Assia, Spark Capital, BRM Group, and Andalusian SPV.
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