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I-Glow

05/10/24 4:26 PM

#10477 RE: ARobinson #10474

That has absolutely nothing to do with SRNW as eToro has a valuation of $3.5 Billion. In March 2023 they raised $250 Million in funding.

"The company is weighing an initial public offering (IPO) in either London or New York, with CEO Yoni Assia saying that a U.S. listing would give the company access to a broader range of investors."

eToro had problems going public as two SPAC deals that have fallen apart and the valuation has dropped. But certainly not enough to use a Sharp hijacked shell to become a OTC company.

"The company’s valuation has taken a nosedive since its first attempt to go public in 2021 when it agreed a $10.4 billion merger with a SPAC, which ultimately fell through."

I hope no one was serious about a reverse merger with eToro.

IG