Bending Spoons poised to open higher in Nasdaq debut after $1.68 billion IPO

Bending Spoons SPA

01/07/2026 15:31

** Italian technology company Bending Spoons BSP.O on track to open above offer price in U.S. market debut after $1.68 billion IPO
** Stock recently indicated to open at $32 apiece vs $29 IPO price
** Milan-based company and selling shareholders sold 58 million shares in IPO above marketed range of $26 to $28
** Listing seen as test of investor appetite for software companies after the industry was ‌hammered earlier this year over fears that AI could disrupt established business models
** Bending Spoons, whose name was inspired by a scene in science-fiction film The Matrix, has ​emerged as one of Europe's most prominent technology companies, pursuing strategy of acquiring ​underperforming software businesses and overhauling them
** Goldman Sachs, J.P. Morgan and Allen & Company acted as joint lead book-running managers for offering

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))