eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago. On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a bilateral agreement. In explaining the decision,…
Read more
