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Bending Spoons targets a $18 bn valuation in its upcoming Wall Street IPO, aiming to raise up to $1.6 bn with a price range of $26‑28 per share

Executive summary: Bending Spoons set an indicative IPO price range of $26‑28 per share, targeting a valuation up to $18 billion and seeking to raise as much as $1.6 billion. The offering would rank among the largest European tech IPOs, testing investor appetite for high‑growth mobile‑app companies and potentially influencing future listings in the region.

Who is involved: Bending Spoons, its underwriting syndicate (not named), prospective institutional and retail investors, the U.S. Securities and Exchange Commission, and Italy’s CONSOB.

Likely next: The company will conduct a roadshow, finalize the offer price, list on the NYSE, and begin trading; post‑IPO performance will be watched for signals on European tech valuations.

The Italian mobile‑app developer Bending Spoons has set an indicative IPO price range of $26‑28 per share, which would value the company at as much as $18 billion and allow it to raise up to $1.6 billion. The filing comes amid renewed investor interest in European tech listings and follows a previous disclosure of a $1.62 bn IPO target. Analysts note that the size of the offering could test demand for high‑growth consumer‑software stocks on Wall Street.

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