Israeli trading platform eToro may launch US IPO as early as this week

According to Bloomberg citing informed sources, Israel based online trading platform eToro Group Ltd. is reportedly considering launching its initial public offering (IPO) on NASDAQ in the United States as early as this week (the week of May 5th). Previously, eToro had submitted an IPO application to the US Securities and Exchange Commission (SEC) in late March 2024, but the listing process was suspended in April due to market volatility caused by tariff related announcements. The source also emphasized that a final decision on the specific launch time of the IPO has not been made yet, and the company may still postpone the listing based on market conditions.