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Bending Spoons Eyes $1.62B IPO, Prices 58M Shares

Bloomberg Markets •
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Milan‑based Bending Spoons Sp A, known for buying struggling software firms, filed a U.S. IPO dossier that could raise up to $1.62 billion. The plan calls for 58 million shares priced between $26 and $28 each, aiming to attract global investors to a company that has grown through acquisitions. Early filings show a clear valuation target for both founders and institutional backers.

The company will sell 34.4 million shares, while shareholders such as Galileo Quattordici and Baillie Gifford plan to offer 23.6 million. The IPO places Bending Spoons among a wave of European tech firms seeking U.S. capital. Investors will gauge whether the valuation reflects a premium for the company’s acquisition strategy. This move could signal confidence in the European software market’s resilience today.

At close, Bending Spoons will trade under a new ticker, offering liquidity to early backers and setting a benchmark for future listings. Analysts will track the first-day price to assess investor appetite for acquisition‑driven growth models. The IPO’s success will hinge on market sentiment toward European tech assets. Thus, the filing marks a pivotal moment for cross‑border capital flows today.