FinTech Acquisition Corp V - Ordinary Shares - Class A

NASDAQ:FTCV   3:59:52 PM EDT
9.85
-0.01 (-0.10%)
Mergers / Acquisitions, Equity Financing / Related, Initial Public Offerings

FinTech Acquisition Corp V Estimates Implied Post-Money Equity Value Of Etoro Is About $8.8 Billion

Published: 12/30/2021 21:44 GMT
FinTech Acquisition Corp V - Ordinary Shares - Class A (FTCV) - Fintech Acquisition Corp V - Co, Etoro Group Will Not Have Satisfied Requisite Closing Conditions Set Forth in Merger Agreement As of Dec 31.
Fintech Acquisition Corp V - Etoro and Co Entered Into an Amendment to Original Merger Agreement.
Fintech Acquisition Corp V - Under Amendment, Parties Agreed, Among Other Things, to Extend Outside Date From Dec 31, 2021 to June 30, 2022.
Fintech Acquisition Corp V - Under Merger Agreement Amendment, Parties Changed Pre-money Valuation of Etoro From $9.301 Billion to $7.906 Billion.
Fintech Acquisition Corp V - As Such, Estimated Implied Post-money Equity Value of Etoro is About $8.8 Billion.