Bending Spoons S.p.A. has completed its initial public offering on the Nasdaq Global Select Market, selling ordinary shares at $29.00 apiece under the ticker NASDAQ: BSP.
The offering consisted of 57,971,015 ordinary shares in total. Of those, the company itself sold 34,398,640 shares, producing gross proceeds of approximately $953.9 million before underwriting discounts, commissions, and other offering expenses. The remaining 23,572,375 shares were sold by existing shareholders, with the proceeds from those shares paid to the selling shareholders rather than Bending Spoons.
Trading in the company's shares commenced on July 1, 2026. The U.S. Securities and Exchange Commission declared the registration statement related to the offering effective on June 30, 2026.
The transaction was led by three joint lead book-running managers: Goldman Sachs International, J.P. Morgan, and Allen & Company LLC. A group of joint book-running managers that participated in the deal included Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP Paribas, Mizuho, Societe Generale, Crédit Agricole CIB, Intesa Sanpaolo, UniCredit, and Banca Akros.
Bending Spoons is an acquirer and operator of digital businesses and manages brands that include AOL, Brightcove, Eventbrite, Evernote, Vimeo, and WeTransfer, among others. The company reported serving more than 500 million monthly active users and over 9 million monthly paying customers as of March 2026.
Context and deal structure
The IPO structure allocated a portion of the total shares to be sold by the company and a portion to be sold by existing shareholders. The proceeds reported in the offering figures reflect gross proceeds to the company only for the 34,398,640 shares it sold; the 23,572,375 shares placed by selling shareholders generated proceeds accruing to those sellers.
Timeline
- SEC declared the registration effective on June 30, 2026.
- Shares began trading on the Nasdaq Global Select Market on July 1, 2026.
Capital markets and corporate participation
The underwriting group combined three joint lead book-runners and a larger syndicate of joint book-running managers, reflecting participation from major global and regional investment banks. The announcement specifies underwriting discounts, commissions, and other expenses will be deducted from the gross proceeds to the company.
Financial footprint and customer base
As disclosed, the company reported more than 500 million monthly active users and in excess of 9 million monthly paying customers as of March 2026. The offering provided the company with near-term gross capital of approximately $953.9 million before fees and expenses associated with the transaction.