Bending Spoons S.p.A. has priced its initial public offering at $29.00 per share, exceeding the range it had proposed of $26 to $28, the company said in a regulatory filing. The total size of the offering is 57,971,015 ordinary shares.
Of the shares included in the IPO, 34,398,640 are being offered directly by Bending Spoons, while 23,572,375 will come from certain selling shareholders. The company made clear that it will not receive any proceeds from the shares sold by those selling shareholders.
Trading on the Nasdaq Global Select Market is expected to commence on July 1, 2026, with Bending Spoons listed under the ticker symbol BSP. The offering is expected to close on July 2, 2026, subject to customary closing conditions required for public offerings of this type.
Underwriters have been granted an overallotment option to acquire additional shares. Specifically, Bending Spoons and the selling shareholders granted the underwriters the right to buy up to an additional 5,244,026 ordinary shares from the company and up to 3,451,626 ordinary shares from the selling shareholders. Any shares purchased under this option would be sold at the IPO price, less underwriting discounts and commissions.
The syndicate leading the transaction includes Goldman Sachs International, J.P. Morgan, and Allen & Company LLC as joint lead book-running managers. A broader group of joint book-running managers comprises Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP Paribas, Mizuho, Societe Generale, Crédit Agricole CIB, Intesa Sanpaolo, UniCredit, and Banca Akros.
The U.S. Securities and Exchange Commission declared the registration statement for the offering effective on June 30, 2026. With that regulatory milestone achieved, the company and its underwriters have moved forward to finalize the timetable for trading and closing.
Context and implications
The pricing above the originally proposed range and the formal declaration of effectiveness by the SEC clear the way for Bending Spoons to begin trading on Nasdaq as planned, while the presence of a large syndicate of global banks reflects the transaction's international distribution strategy. The underwriters' option to purchase additional shares provides flexibility in managing demand through the early days of trading.