Milan-based Bending Spoons priced its IPO at $29 per share, raised $1.68 billion, and closed its first trading day up 40% at $40.50, pushing its market cap to $25.7 billion -- more than double its prior $11 billion private valuation -- TechCrunch reported.
Jul 1, 2026Bending Spoons priced its Nasdaq IPO at $29 per share on June 30 — above its $26-$28 marketed range — raising $1.68 billion at an $18.4 billion valuation, then closed its first trading day up roughly 40% near $25.7 billion. The Milan-based company, which buys and revitalizes aging tech brands including AOL, Evernote, Meetup and Vimeo, posted $601 million in Q1 revenue and swung to a $27.4 million profit from a $112 million loss a year earlier.
Jul 1, 2026Milan-based Bending Spoons priced its Nasdaq IPO at $29 a share on June 30 — above its marketed $26-$28 range — raising $1.68 billion and valuing the company at roughly $18.4 billion. Shares opened at $31 on July 1, touched an intraday high of $42.50, and closed the session at $40.50, up nearly 40%, making it one of the strongest software IPO debuts of 2026 despite a broader SaaS slowdown.
Jul 1, 2026