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Etoro and Fintech Acquisition Corp submit registration for Spac merger

Source: eToro

eToro Group Ltd. (“eToro”) today announced the confidential submission with the U.S. Securities and Exchange Commission (“SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with FinTech Acquisition Corp. V (“FTV”).

The business combination is expected, subject to customary closing conditions, including the approval of FTV’s stockholders and the listing of eToro’s securities on The Nasdaq Capital Market, to close after the SEC completes its review process of this confidential submission and any subsequent public filing and declares such public filing to be effective, which is targeted to be during the third quarter of 2021.

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