Bending Spoons Shatters IPO Records with a $1.68B Debut
The offering includes 57,971,015 shares, and Bending Spoons will not receive proceeds from sales by selling shareholders, the company said.
- On Wednesday, July 1, 2026, Bending Spoons began trading on the Nasdaq Global Select Market under ticker "BSP" after pricing its initial public offering at $29 per share, raising $1.68 billion.
- Shares were priced above the $26 to $28 range the company had been marketing, signaling firm investor demand for one of the largest European technology listings this year.
- CEO Luca Ferrari, who co-founded the company in 2013, describes the business as a "hybrid" between a private equity fund and a technology company focused on acquiring and restructuring underperforming digital brands.
- The company reported revenue of $1.31bn in 2025, supported by over 500 million monthly active users and more than 9 million monthly paying customers as of March 2026.
- This IPO arrives as the software sector navigates AI disruption, providing a liquidity exit for early investors including Baillie Gifford after years of aggressive dealmaking financed through private capital.
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Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO
July 1 (Reuters) – Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above the range to raise $1.68 billion. The listing will test investor appetite for software companies after the industry was hammered earlier this year over fears that AI could disrupt established business models. Software companies have been largely absent from the U.S. IPO market so fa…
Bending Spoons Shatters IPO Records with a $1.68B Debut
Bending Spoons, an Italian software giant, raised $1.68 billion in its U.S. IPO, pricing shares at $29, exceeding expectations. The company, which owns brands like Vimeo and AOL, was valued at $18.4 billion, showcasing its strategy of acquiring and transforming underperforming tech firms.
Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion
June 30 - Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a rare software IPO as the sector grapples with disruption from AI.The Italian software c
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