Bending Spoons, the Italian technology company behind Vimeo, WeTransfer, AOL and Eventbrite, is seeking to raise as much as $1.62 billion through a U.S. initial public offering, positioning the deal among the largest European stock market debuts of 2026 and one of the biggest software-sector listings in recent years.
The Milan-based company plans to offer 58 million shares priced between $26 and $28 each. Roughly 60% of the shares in the offering are expected to be sold by the company, while the remainder will come from existing investors, including Baillie Gifford. At the top end of the proposed range, Bending Spoons would be valued at about $19 billion, according to Reuters.
The company is expected to list on the Nasdaq Global Select Market under the ticker symbol "BSP." Goldman Sachs, JPMorgan Chase and Allen & Co. are leading the offering, Reuters reported.
The planned IPO comes as new listings in the U.S. market continues to recover following several years of subdued activity driven by higher interest rates, geopolitical uncertainty and volatility linked to conflicts in Eastern Europe and the Middle East. Investor appetite for large technology offerings has strengthened in recent months as companies return to public markets.
According to figures cited by Reuters, companies have raised about $150 billion through 179 U.S. IPOs so far in 2026, marking the strongest start to a year since 2021. The publication noted that recent high-profile offerings, including SpaceX and Cerebras Systems, have helped revive activity across the market.
SpaceX completed a record-setting public debut earlier this month, while AI chipmaker Cerebras Systems raised $5.55 billion in its IPO in May, according to TechCrunch. Those transactions have been closely watched by investors assessing demand for large-scale technology offerings.
Founded in 2013, Bending Spoons has built its business through acquisitions, purchasing established digital platforms and attempting to improve their operations and profitability. The company has completed more than 50 acquisitions and now reaches more than 500 million monthly active users across its portfolio, according to information disclosed in its securities filing and reported by TechCrunch.
In recent years, Bending Spoons acquired Vimeo, WeTransfer, Evernote and Brightcove. The company also added AOL and online ticketing marketplace Eventbrite to its portfolio in 2026, expanding its presence across media, communications and creator-focused software businesses, according to Fortune.
Financial results included in the company's filing show a sharp improvement in performance. Bending Spoons reported net income of $27.5 million on revenue of $601 million for the three months ended March 31, compared with a net loss of $112.2 million on revenue of $259 million during the same period a year earlier, according to Reuters.
The company's broader growth trajectory has also attracted investor attention. Revenue reached $1.31 billion in 2025, up 95% from the previous year, while operating profit more than doubled to $278 million, according to figures reported by Fortune.
Bending Spoons last raised capital in late 2025, securing $710 million in a funding round that valued the company at $11 billion before the investment, according to Axios. The proposed IPO would represent a substantial increase from that valuation and provide another test of investor demand for software companies at a time when artificial intelligence is reshaping the technology sector.
The company declined to comment on the offering details, while Baillie Gifford did not immediately respond to requests for comment.
