Key facts
- Bending Spoons, owner of Vimeo and AOL, priced its IPO at $29 per share.
- The IPO raised $1.68 billion.
- The shares were marketed between $26 and $28 per share.
- The company was valued at $11 billion in its last funding round in 2025.
- Bending Spoons' shares are expected to trade on the Nasdaq Global Select Market under the ticker "BSP".
Bending Spoons, the company behind video platform Vimeo and internet services company AOL, has priced its U.S. initial public offering at $29 per share, exceeding its initial target range and raising $1.68 billion. This marks one of the largest IPOs by a European company this year and signals a potential resurgence in the software IPO market, which has been grappling with AI disruption.
The Italian software firm and its existing shareholders sold approximately 58 million shares, with the offering initially marketed between $26 and $28 per share. Bending Spoons, known for acquiring and restructuring underperforming software businesses like Evernote and WeTransfer, was last valued at $11 billion in 2025. CEO Luca Ferrari described the company's strategy as a hybrid between a private equity fund and a technology giant.
The company's shares are slated to begin trading on the Nasdaq Global Select Market on Wednesday under the ticker symbol "BSP". Goldman Sachs Group, JPMorgan Chase, and Allen & Co served as the lead underwriters for the transaction.