The Italian software company that quietly bought AOL, Vimeo, and Eventbrite is heading to Wall Street. Bending Spoons is seeking to raise as much as $1.62 billion in a U.S. initial public offering, Reuters reported, marketing 58 million shares at $26 to $28 each for an early-July debut on the Nasdaq under the ticker BSP.
At the top of that range, the Milan-based company would carry a valuation of approximately $19 billion, up from the $11 billion valuation it secured just eight months ago when it raised $710 million from T. Rowe Price, Baillie Gifford, and Cox Enterprises.
