Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say
Key takeaways
- NEW YORK, June 22 (Reuters) - Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion in a U.S.
- The Milan-based company plans to market 58 million IPO shares at $26 to $28 apiece, the people said, speaking on condition of anonymity because the information is confidential ahead of a filing with the U.S.
- At the top of the range, Bending Spoons would have a valuation of $19 billion, one of the sources said.
Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say FILE PHOTO: Bending Spoons CEO Luca Ferrari poses with the company logo in Milan · Reuters Echo Wang Tue, June 23, 2026 at 12:29 AM GMT+7 2 min read By Echo Wang
NEW YORK, June 22 (Reuters) - Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion in a U.S. initial public offering, according to two people familiar with the matter, in what would be one of the largest IPOs by a European company this year and a rare listing by a major software firm.
The Milan-based company plans to market 58 million IPO shares at $26 to $28 apiece, the people said, speaking on condition of anonymity because the information is confidential ahead of a filing with the U.S. Securities and Exchange Commission expected later on Monday. About 60% of the IPO shares are expected to be sold by the company, with the remainder coming from existing shareholders, including Baillie Gifford, who are set to sell stock in the offering, the people added.