Bending Spoons Prices IPO Above Range, Raises $1.68 B

Italian technology company Bending Spoons is set to begin trading on the Nasdaq on Wednesday, July 1, 2026, after pricing its initial public offering above expectations to raise $1.68 billion. The listing marks one of the largest European tech debuts in the U.S. in recent years.

The Milan-based firm and its selling shareholders sold approximately 58 million shares at $29 each, surpassing the marketed price range of $26 to $28. The IPO values the company at roughly $18.4 billion. Shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol BSP.

Bending Spoons operates with a hybrid model, acquiring and revamping established but underperforming digital businesses. Unlike a traditional private equity firm, it does not sell the companies it buys. Instead, it focuses on cutting costs, overhauling technology, and running them at scale. Its portfolio of over 50 brands includes well-known names such as Vimeo, Evernote, WeTransfer, Eventbrite, AOL, and Brightcove.

The company’s financial growth has been rapid. Revenue grew from $387 million in 2023 to $1.31 billion in 2025, representing a compound annual growth rate of 84 percent. For the first quarter...