BENDING SPOONS RAISES $1.68B IN US IPO

The offering, which included shares sold by backers alongside new capital raised by the company, priced above its marketed range. The IPO marks one of the largest US listings by a European company in 2026. Bending Spoons has built its business model around acquiring struggling software companies and turning them around. The acquisition of Vimeo, a video hosting and creation platform, represented a major addition to its portfolio. The pricing at $29 per share exceeded initial expectations, reflecting investor confidence in the company's strategy and Vimeo's market position. The $1.68 billion raised will support further acquisitions and operational expansion. The IPO comes amid renewed activity in software M&A and a recovery in public markets for technology companies.