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Bending Spoons Shatters IPO Records with a $1.68B Debut
The offering includes 57,971,015 shares, and Bending Spoons will not receive proceeds from sales by selling shareholders, the company said.
- On Wednesday, July 1, 2026, Bending Spoons began trading on the Nasdaq Global Select Market under ticker "BSP" after pricing its initial public offering at $29 per share, raising $1.68 billion.
- Shares were priced above the $26 to $28 range the company had been marketing, signaling firm investor demand for one of the largest European technology listings this year.
- CEO Luca Ferrari, who co-founded the company in 2013, describes the business as a "hybrid" between a private equity fund and a technology company focused on acquiring and restructuring underperforming digital brands.
- The company reported revenue of $1.31bn in 2025, supported by over 500 million monthly active users and more than 9 million monthly paying customers as of March 2026.
- This IPO arrives as the software sector navigates AI disruption, providing a liquidity exit for early investors including Baillie Gifford after years of aggressive dealmaking financed through private capital.
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Leaning Left10Leaning Right2Center14Last UpdatedBias Distribution54% Center
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