IPO - eToro Group Ltd.

Form Type: 424B4

Filing Date: 2025-05-15

Corporate Action: Ipo

Type: New

Accession Number: 000121390025043558

Filing Summary: eToro Group Ltd. is conducting an initial public offering (IPO) for 11,923,018 shares of Class A common stock, with 5,961,509 shares offered by the company and 5,961,509 shares offered by selling shareholders. The initial price for the shares is set at $52.00 per share, totaling approximately $619,996,936. The offering price and proceeds are detailed, with underwriting discounts of $3.12 per share and a net proceed to the company of $48.88 per share. The IPO is aimed at enabling a public market for eToro's Class A shares, which will be listed on the Nasdaq under the ticker symbol “ETOR.” Post-offering, eToro will have two classes of shares, Class A with one vote each and Class B with ten votes each, granting substantial voting power to directors and key shareholders. The document describes the risks involved, eToro’s background as a foreign private issuer, and its business model centered around democratizing investing by providing access to markets and financial education to a broad audience.

Form Type: F-1MEF

Filing Date: 2025-05-13

Corporate Action: Ipo

Type: New

Accession Number: 000121390025042774

Filing Summary: eToro Group Ltd. filed a Registration Statement under the Securities Act of 1933 with the U.S. SEC on May 13, 2025. This filing is related to a prior registration statement (File No. 333-286050) that was declared effective on the same date. The new statement registers an additional 2,211,470 Class A common shares, which includes an underwriters' option of 288,452 shares. These additional shares represent no more than 20% of the maximum aggregate offering price from the previous registration. The registration statement is set to become effective as soon as practicable following its filing. The document includes consent and opinion exhibits confirming the validity of the Class A shares being registered, along with a registration fee table.

Form Type: F-1/A

Filing Date: 2025-05-05

Corporate Action: Ipo

Type: New

Accession Number: 000121390025039451

Filing Summary: eToro Group Ltd. is conducting an initial public offering (IPO) of its Class A common shares, offering a total of 10,000,000 shares—5,000,000 shares by the company and 5,000,000 shares by selling shareholders. The anticipated IPO price range is between $46.00 and $50.00 per share, and the company plans to list its shares on the Nasdaq Global Select Market under the symbol 'ETOR'. eToro is a foreign private issuer and intends to comply with reduced reporting requirements. The prospectus describes the dual-class structure of shares, where Class A shares will have one vote each and Class B shares will have ten votes but are convertible to Class A shares. Post-offering, Class B shares will represent approximately 89.2% of voting power. The company aims to use the proceeds from the IPO primarily for growth initiatives and general corporate purposes. Risks associated with investing in the shares, including market volatility and regulatory challenges, are emphasized. Additionally, a cornerstone investor, Blackrock, Inc., has shown interest in purchasing up to $100 million worth of shares.

Form Type: F-1/A

Filing Date: 2025-04-02

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025028171

Filing Summary: eToro Group Ltd. filed Amendment No. 1 to its Registration Statement on Form F-1 as an exhibits-only filing on April 2, 2025. This amendment serves to provide additional documentation and updates relevant to eToro's upcoming initial public offering (IPO), specifically by including the required exhibits and confirming compliance with SEC regulations. The primary focus of the filing is to incorporate necessary documents related to underwriting agreements, articles of association, share plans, and other agreements relevant to the IPO. The registration statement will become effective upon compliance with the SEC requirements, and the company aims to commence sales as soon as practicable after the effective date. The filing outlines the agent for service and includes details regarding the corporate structure and contact information for legal representation. Additionally, the document indicates the registrant’s certification regarding its eligibility to file under the Securities Act, asserting that they meet all requirements to register on Form F-1. Notably, the amendment does not change any of the previously filed information, focusing solely on adding the indicated exhibits and signatures required for compliance purposes.

Form Type: F-1

Filing Date: 2025-03-24

Corporate Action: Ipo

Type: New

Accession Number: 000101376225001589

Filing Summary: eToro Group Ltd. is filing a registration statement for an initial public offering (IPO) of its Class A common shares. The offering involves shares being sold by both the company and certain selling shareholders, who will not generate proceeds for the company from their shares. The Class A common shares will be listed on the Nasdaq Global Select Market under the symbol 'ETOR', with the anticipated price range for the shares yet to be determined. This is eToro's first public offer of its shares, with no prior public market existing for these shares. Upon completion of the IPO, eToro will have two classes of common shares: Class A and Class B, with differing voting rights. The document emphasizes that investments in these shares carry a high degree of risk, pointing readers to the 'Risk Factors' section. eToro's mission is to democratize investing and make financial markets more accessible through technology. A significant portion of the prospectus discusses eToro's operational history, technology use, and community-building efforts in transforming the investing landscape.

Form Type: DRS/A

Filing Date: 2025-03-17

Corporate Action: Ipo

Type: New

Accession Number: 000121390025024258

Filing Summary: This document is a confidential draft submission of a registration statement for an initial public offering (IPO) of Class A common shares for eToro Group Ltd. The offering includes shares being sold by both the company and certain selling shareholders. The anticipated price range for these shares has not been provided, but the company intends to list the shares on the Nasdaq Global Select Market under the symbol 'ETOR.' The document outlines the rights associated with Class A and Class B common shares, details the registration process, and states that the prospectus is subject to change until it becomes effective. It discusses features like underwriter options for additional shares, the possibility of delayed sales, and highlights the risks associated with investing in the IPO. There is a mention of confidentiality provisions, confirming that the filing has not been made public yet and thus remains confidential under SEC rules. Furthermore, the document emphasizes eToro's commitment to democratizing investing and facilitating greater accessibility to financial markets through their user-friendly platform and innovative trading technology.

Form Type: DRS/A

Filing Date: 2025-03-03

Corporate Action: Ipo

Type: New

Accession Number: 000121390025018993

Filing Summary: eToro Group Ltd. is initiating an initial public offering (IPO) by offering Class A common shares. This marks a significant step for eToro as it prepares to establish a public market for its shares. The expected initial public offering price will be disclosed later, and the offering will involve certain selling shareholders. Upon successful completion, eToro will have two classes of authorized common shares, Class A and Class B, with different voting rights. Class A shares will have one vote, while Class B shares will have ten votes. This IPO reflects eToro's commitment to democratizing investing, as emphasized in their founder's letter, highlighting a mission to make investing accessible to everyone, irrespective of financial background. The firm is also leveraging technology, particularly in blockchain and crypto markets, to enhance its platform and provide users with innovative investment opportunities. The anticipated commencement of the public offering is expected to occur as soon as practicable after the effectiveness of this registration statement.

Form Type: DRS/A

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025014243

Filing Summary: eToro Group Ltd. has filed a confidential draft registration statement with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of its Class A common shares. The company aims to publicly sell these shares as soon as practicable after the effective date of the registration statement. This offering will include shares from both the company and specified selling shareholders, with no proceeds from the selling shareholders going to eToro itself. The anticipated initial public offering price has yet to be specified. Furthermore, eToro plans to apply for its shares to be listed, although the exchange symbol remains unannounced. This offering signifies eToro's entry into the public capital markets, having previously established a substantial user base of approximately 3.5 million Funded Accounts across 75 countries, bolstered by its unique social investing platform. The prospectus indicates a commitment to transparency and providing users with comprehensive access to financial resources while navigating risks associated with investing. The document also emphasizes eToro's mission to democratize investment opportunities through a technology-driven approach, fostering an educational and user-centric investing community.

Form Type: DRS/A

Filing Date: 2025-01-23

Corporate Action: Ipo

Type: New

Accession Number: 000121390025005907

Filing Summary: eToro Group Ltd. has submitted a confidential draft registration statement on Form F-1 for an initial public offering (IPO) of its Class A common shares. The registration statement was submitted to the U.S. Securities and Exchange Commission on January 23, 2025, but has not yet been publicly filed. The prospectus outlines eToro's vision to make global financial markets more accessible and emphasizes its social investing model, allowing users to connect with leading investors. The document includes a summary of eToro's offerings, user engagement strategies, market opportunities, and a focus on user education and innovative financial products. It also cites significant growth metrics, such as an increase in total commissions and net income, while noting the company's mission and commitment to democratizing investing, especially among younger generations. The prospectus signifies a significant step for eToro towards launching its shares in public markets, as it seeks to capitalize on the growing retail investor participation and rapid technological advancements in the financial industry.

Form Type: DRS

Filing Date: 2024-12-06

Corporate Action: Ipo

Type: New

Accession Number: 000121390024106508

Filing Summary: eToro Group Ltd. is initiating its initial public offering (IPO) of Class A common shares. The document outlines the mission to democratize access to the financial markets, enabling users to trade various assets through a collaborative and social investing platform. eToro aims to provide users with educational resources while also facilitating access to trading and investing in financial markets. The IPO is expected to be priced between specific amounts yet to be determined, and there will be two classes of common shares: Class A and Class B, with distinctions in voting rights. The anticipated market debut will occur shortly after the registration statement becomes effective. As of September 30, 2024, the company reports over 3.2 million funded accounts worldwide, attributing its growth to a combination of product offerings and a strong educational focus. The expected financial performance for the year ended December 31, 2024, includes estimated growth in adjusted net revenue and total commissions compared to the previous year, though specific numerical results are not finalized in this document.,