Bending Spoons closes IPO raising $953.9 million

Bending Spoons S.p.A. has closed its initial public offering of 57,971,015 ordinary shares at a price of $29.00 per share, raising gross proceeds of approximately $953,917,285.50. The offering comprised 34,398,640 shares sold by the company and 23,572,375 shares sold by selling shareholders, with Bending Spoons receiving no proceeds from the latter. The shares commenced trading on the Nasdaq Global Select Market on July 1, 2026, under the ticker symbol "BSP".

IPO Structure and Financials

The transaction valued the company at approximately $18.4 billion, a significant increase from its $11 billion valuation during a 2025 funding round. The offering was priced above the targeted range of $26 to $28 per share. Goldman Sachs International, J.P. Morgan, and Allen & Company LLC acted as joint lead book-running managers, supported by a syndicate including Wells Fargo Securities, BofA Securities, and Jefferies.

Component	Details
Offer Price	$29.00 per share
Total Shares Offered	57,971,015 ordinary shares
Shares by Bending Spoons	34,398,640 ordinary shares
Shares by Selling Shareholders	23,572,375 ordinary shares
Gross Proceeds to Bending Spoons	$953,917,285.50
Valuation	$18.4 billion
Exchange	Nasdaq Global Select Market
Ticker Symbol	BSP

Strategic Focus and Portfolio

Bending Spoons acquires underperforming software firms and restructures them to expand earnings, reinvesting in further acquisitions. Its portfolio includes AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo, and WeTransfer. As of March 2026, the company served over 500 million monthly active users and more than 9 million monthly paying customers. The company emphasizes operational excellence and uses its proprietary platform—comprising people, technology, and data—to drive transformations.

Bending Spoons S.p.A. has launched an initial public offering (IPO) to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol "BSP." The technology company is offering a total of 57,971,015 ordinary shares, comprising 34,398,640 shares offered by Bending Spoons and 23,572,375 shares offered by certain selling shareholders. The IPO price is estimated to be between $26.00 and $28.00 per share.

In connection with the offering, Bending Spoons and the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 5,244,026 ordinary shares from the company and 3,451,626 ordinary shares from the selling shareholders. These additional shares would be sold at the IPO price, less underwriting discounts and commissions.

Goldman Sachs International, J.P. Morgan, and Allen & Company LLC are acting as joint lead book-running managers for the proposed offering. Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP Paribas, Mizuho, Societe Generale, Crédit Agricole CIB, IMI – Intesa Sanpaolo, UniCredit, and Banca Akros – Gruppo Banco BPM are serving as joint book-running managers.

Offering Details

Component	Number of Shares
Offered by Bending Spoons	34,398,640
Offered by Selling Shareholders	23,572,375
Total Shares Offered	57,971,015
Underwriter Option (Company)	5,244,026
Underwriter Option (Selling Shareholders)	3,451,626

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The offering is subject to market and other conditions.

Bending Spoons focuses on acquiring digital businesses and implementing transformations to expand earnings. The company's main businesses include AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo, and WeTransfer. In March 2026, the company reported over 500 million monthly active users and more than 9 million monthly paying customers.