• Ben Myers
• 21 Mar, 2021

The combined companies will operate as eToro Group Ltd, and the estimated implied equity value will be around $10.4 billion at closing, which is a value that was expected from earlier reports. The official announcement further detailed that $650 million will be raised from private placement in the public equity and another $250 million from FinTech V’s cash in trust. Private investors, including ION Investment, Softbank, and Fidelity, will receive the equity at $10 per share.
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