Italian tech company Bending Spoons raised $1.68 billion in its U.S. initial public offering after pricing its shares at $29, above the marketed range of $26 to $28. The offering of approximately 58 million shares values the Milan-based company at roughly $18.4 billion. The strong demand makes it one of the largest U.S. listings for a European company this year.
Founded in 2013, Bending Spoons' business model involves acquiring and overhauling underperforming software and digital brands. Its diverse portfolio includes well-known names like video platform Vimeo, file-sharing service WeTransfer, and internet brand AOL. The company has demonstrated significant growth, with revenue reaching $1.31 billion in 2025. Shares are set to begin trading on the Nasdaq under the ticker symbol "BSP".