The Italian technology company Bending Spoons completed its first public collection in NASDAQ at a price of $29 per share, which is higher than the previous 26 to 28 US dollars in guidance. In terms of issue prices, the company ' s valuation was about $18.4 billion, up significantly from $11 billion in the previous private fundraising round in 2025.
Issue price is above range
The issue price falls above the boundary, usually reflecting a stronger demand at the bookkeeping stage. Reuter quoted market expectations that the Unit might have opened a first day of trading in NASDAQ at about 14 per cent higher than the issue price.
This campaign included Goldman Sachs International, Morgan Chase and Allen & Company, with the participation of a number of agencies, including US banks, the Bank of Rich Countries, Jefferies, Evercore ISI, BNP Paribas and Seo.
$2.6 billion collected in 2025
In terms of business data, Bending Spoons is no longer a new technology unit that is still losing out. The company earned $2.6 billion in 2025, net profit of $500 million.
Its application portfolio covers over 400 million active months of users and has approximately 10 million paid customers. Public information indicates that assets under the corporate flag or acquired include platforms such as Vimeo, WeTransfer and Evernote.
- Recovery in 2025: $2.6 billion
- Net profit in 2025: $500 million
- Monthly users: over 400 million
Expansion of business by M & As
The main approach of Bending Spoons is to acquire mature scientific and technological assets, restructure operations, increase profitability and then channel cash flows into new M & As. In the original version, the company had completed more than 50 transactions.
Its list of acquisitions covers brands AOL, Vimeo, Brightcove, WeTransfer, Evernote, Komot and Eventbrite. Some of the platforms are slowing down or under pressure to make a profit before they are acquired, while Benedict Spoons attempts to improve returns through cost and operation adjustments.
The valuation was significantly higher than the previous private round.
The company ' s valuation rose from $11 billion in 2025 to $18.4 billion in this IPO, showing that open-market investors have given higher prices after reviewing the search stock documents.
Bending Spoons was created in 2013 by five entrepreneurs and is now based in Milan. The company ' s past investors include Billie Gifford, Tamburi and Luca Maestri, a former chief financial officer of Apple, among others.