e-Toro finds a way

to go public by merging with FinTech Acquisition Corp V, a SPAC formed in October 2020. About a one minute read, link below to Fintech Acquisition Corp V’s S-1.

Comment: well, at least the SPAC is living up to it’s name and acquiring a Fintech. This will allow e-Toro to go public without significant inquiry into their business (i.e., by filing an S-1). Guess there are worse places for the SPAC investor’s money.

Fintech Acquisition Corp V’s S-1. I stopped reading after this sentence: “We are a company with no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve our business objective.“