Reuters reports:
eToro Group is planning to raise around $620 million in an upsized U.S. initial public offering (IPO) priced above market range, the company said on Tuesday.
The stock and cryptocurrency trading platform has offered 11.92 million shares at $52 apiece, above its target range of $46 to $50.
The stock is expected to begin trading on the Nasdaq Global Select Market under the symbol “ETOR” on Wednesday, May 14.