On the subject of tech IPOs in 2026, it’s largely been a 12 months of AI firms and different hardware firms of various stripes going public. However immediately marks a comparatively uncommon prevalence: a software program firm public providing.
That IPO is for the Italian tech agency Bending Spoons S.p.A. But regardless of its European roots, the corporate owns a number of well-known American manufacturers, together with the video-sharing web site Vimeo and what stays of the legacy web service supplier, America On-line. Right here’s what you want to find out about Bending Spoons’ IPO.
What’s Bending Spoons?
Bending Spoons was based 13 years in the past in 2013. The corporate is at present primarily based in Milan, Italy. Essentially the most apt approach to describe Bending Spoons is as a conventional tech software program firm crossed with a non-public fairness agency.
Like a non-public fairness agency, Bending Spoons buys up struggling firms—in its case, all software program firms—in hopes of constructing them extra worthwhile. However in contrast to a non-public fairness agency, Bending Spoons’ intention is to not flip the businesses it buys for a revenue sooner or later, or to interrupt them up and dump their elements to the very best bidder.
As an alternative, Bending Spoons makes use of its software program engineering experience to enhance the merchandise and choices of the software program firms it buys, making them sustainable companies and growing these firms’ earnings, which Bending Spoons then makes use of to scoop up extra distressed software program firms.
Bending Spoons says that as of March 2026, it has over 500 million month-to-month lively customers throughout its portfolio of firms, and people firms have greater than 9 million month-to-month paying subscribers.
What firms does Bending Spoons personal?
Bending Spoons now owns myriad software program manufacturers. A number of the most outstanding are:
- Evernote (acquired in 2023)
- Meetup (2024)
- WeTransfer (2024)
- Brightcove (2025)
- Vimeo (2025)
- AOL (2026)
- Eventbrite (2026)
When is Bending Spoons’ IPO?
Bending Spoons’ preliminary public providing is immediately, Wednesday, July 1, 2026.
What’s Bending Spoons’ inventory ticker?
Bending Spoons’ shares will commerce beneath the inventory ticker “BSP.”
What market will Bending Spoons’ shares commerce on?
Bending Spoons’ shares will commerce on the Nasdaq International Choose Market.
What’s the IPO share value of BSP?
When Bending Spoons announced the launch of its IPO on June 23, the corporate initially stated it anticipated its IPO value to be between $26.00 and $28.00 per share.
Nevertheless, the corporate’s last IPO value was $29.00 per share.
The upper-than-expected share value suggests there was extra curiosity in Bending Spoons’ IPO than the corporate and its underwriters initially anticipated.
What number of BSP shares can be found in its IPO?
For its IPO, a complete of 57,971,015 bizarre shares had been made out there. The vast majority of these shares—34,398,640 of them—had been provided immediately by Bending Spoons. The ultimate 23,572,375 shares had been provided by its present non-public shareholders.
How a lot did Bending Spoons elevate in its IPO?
It ought to be famous that Bending Spoons obtained proceeds solely from the roughly 34.4 million shares it offered immediately. The corporate obtained no proceeds from the roughly 23.5 million shares offered by its present non-public shareholders.
In whole, the IPO raised about $1.68 billion, with the corporate’s direct share sale elevating about $1 billion of that whole, and the non-public sellers elevating about $680 million.
How a lot is Bending Spoons value?
At its IPO value of $29 per share, Bending Spoons is now valued at roughly $18.4 billion, according to Reuters.
