Inactive Instrument

Fintech Acquisition Corp. V

FTCV

US31810Q1076

EToro Group Reportedly to Abandon Deal to GoPublic Via SPAC Merger

June 30, 2022 at 05:20 pm EDT

Online brokerage eToro Group Limited and Betsy Cohen-backed blank-check firm Fintech Acquisition Corp. V (NasdaqCM:FTCV) are planning to let the June 30, 2022 deadline for their merger pass without closing the deal, The Information reported, citing a person familiar with the matter. The companies had amended their agreement in late December to extend the deal deadline to June end and lower the Israel-based online stock brokerage's valuation to $8.8 billion from $10.4 billion.

EToro said in an emailed statement that it would share an update in the coming days, without giving more details. FinTech Acquisition did not immediately respond to a Reuters request for comment.

Latest news about Fintech Acquisition Corp. V

Fintech Acquisition Corp. V(NasdaqCM:FTCV) dropped from NASDAQ Composite Index	22-12-08	CI
A tale of two stock markets: how London still trumps Paris for investors	22-11-28	RE
EMEA Morning Briefing : Mild Gains Ahead for Stocks; Investors Digest UK Fiscal Plans, Hawkish Fed Comments	22-11-18	DJ
FTSE 100 Closed Down 0.1% as U.K.'s New Fiscal Plan Foresees Coming Austerity	22-11-17	DJ
Fintech Acquisition Corp. V Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-10	CI
ECB hikes interest rates again	22-10-27	RE
Premier Inn owner Whitbread warns of higher costs after returning to profit	22-10-25	RE
Euro zone bond yields slip in choppy trading after U.S. inflation data	22-10-13	RE
UK Economy Seen in Recession in Fourth Quarter, Says Fitch	22-10-13	DJ
Sterling jumps amid doubt about BoE commitment to ending bond buys	22-10-12	RE
Sterling Could Face Renewed Weakness After UK Policy U-Turn	22-10-03	DJ
EMEA Morning Briefing : Shares to Extend Losses as All Eyes on Fed	22-09-21	DJ
Sterling holds steady vs dollar near 35-year low	22-09-15	RE
Tesla shares in the limelight as 3-1 stock split kicks in	22-08-25	RE
Sterling rises 0.5% as dollar takes a breather	22-08-25	RE
Fintech Acquisition Corp. V Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-12	CI
FTSE 100 Closes Up 0.6% After July China Exports -2-	22-08-08	DJ
FTSE 100 Gains, Led by HSBC and Pearson	22-08-01	DJ
FTSE 100 Closes Thursday Slightly Down on Poor Performance in Some Sectors	22-07-28	DJ
Shell Has Solid 2Q, But Faces Oil-Price Uncertainty, Says eToro	22-07-28	DJ
Fintech Acquisition Corp. V Announces Resignation of Ms. Brittain Ezzes as Director	22-07-15	CI
FinTech Acquisition, eToro Call Off SPAC Deal, Joining List of Canceled Blank-Check Mergers	22-07-05	MT
FinTech Acquisition, eToro Group Scrap SPAC Merger Plan	22-07-05	MT
EToro Group Limited cancelled the acquisition of Fintech Acquisition Corp. V from group of investors in a reverse merger transaction.	22-06-30	CI
Israel's eToro to abandon deal to go public via SPAC merger -The Information	22-06-30	RE

Chart Fintech Acquisition Corp. V

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Company Profile

Fintech Acquisition Corp V is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination, with one or more businesses or assets. The Company have not identified any acquisition target. The Company intends to concentrate its efforts in identifying businesses, which provide disruptive technological innovation to the financial services industry, with particular emphasis on businesses that provide data processing; transactional and data security; rewards, loyalty and consumer engagement platforms.

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Investment Holding Companies

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