For Bending Spoons debut on the Nasdaq worth 18.4 billion

Bending Spoons debuts on the Nasdaq after pricing its initial public offering (IPO) at $29 per share above the indicative range of 26-28 dollars, picking up 1.68 billion dollars. The operation gives the Italian technology company a valuation of approximately 18.4 billion dollars and represents one of the largest listings in the United States by a European company. The shares are traded under the ticker BSP.

The listing represents a test for investor interest in software companies, a sector that in the first months of 2026 was penalized by fears that artificial intelligence could challenge traditional business models but also that it could represent a dangerous bubble.

Nasdaq: $BSP pic.twitter.com/0TjkOt8Zma

— Bending Spoons (@bendingspoons) July 1, 2026

Bending Spoons test bed for the software sector

The software houses, remember Reutershave so far remained almost absent from the US IPO market in 2026, despite the second quarter exceeding 100 billion dollars of collection thanks to a series of maxi-placements, including that of SpaceX. “This is certainly an important indicator for the software sector, even if it partly depends on the scarcity of new listings in the sector. However, Bending Spoons has a very different profile compared to the majority of software companies waiting to debut on the stock exchange”, he declared Matt Kennedysenior strategist at Renaissance Capital.

Business model

Bending Spoons’ business model, halfway between a technology company and a private equity fund, aims to acquire digital companies, restructure them through cost reduction and profound technological renewal, also leveraging artificial intelligence. Unlike traditional private equity funds, the company does not resell the acquired companies, but keeps them within the group with the aim of increasing their value in the long term.

We rang the bell!

Today we listed Bending Spoons on Nasdaq under $BSP.

Honored to have shared this room with the dear friends who’ve climbed with me so far! pic.twitter.com/t43KziolmW

— Federico Simionato (@fedesimio) July 1, 2026

The group’s acquisitions before Nasdaq

The acquisitions include Evernote, WeTransfer, Meetup, Brightcove, Vimeo, AOL ed Eventbrite. Over the years, the company has completed more than 50 transactions and, according to the prospectus filed for the listing, has identified more than 1,000 digital companies that could represent future acquisition targets.

From the ashes of Evertale to Wall Street

The Milan-based company and the selling shareholders placed a combined 58 million shares at $29 each. The name Bending Spoons is inspired by a famous scene from the film The Matrix. The company was born in 2013 from the ashes of the startup Evertale: the approximately 40 thousand dollars left after the liquidation were used by the CEO Luca Ferrari and the co-founders to start the new company, now one of the main European technological companies.

“It’s an interesting story and the company has managed to build a compelling narrative around a portfolio of more than 50 companies. The idea of ​​reviving these businesses through AI is theoretically credible, although we would have preferred to be able to evaluate a longer track record,” Kennedy added.