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Digital broker eToro delays $10.4bn SPAC listing until end of the year

  • September 27, 2021
  • Investments - M&A

eToro, a commission-free stock broker, recently delayed its SPAC until the fourth quarter of 2021.  The company plans to go public via Betsy Cohen’s Fintech Acquisition Corp. with an anticipated valuation of $10.4B.  The announcement comes as regulatory pressure around SPACs continues to build, and many transactions are taking longer for the SEC to approve, particularly in fintech. 

Digital broker eToro delays $10.4bn SPAC listing until end of the year

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