Bending Spoons, the Milan-based developer and consolidator of consumer digital applications, filed paperwork on Monday to pursue an initial public offering in the United States. The company has indicated it plans to list on the Nasdaq Global Select Market using the symbol BSP.
Goldman Sachs Group Inc., JPMorgan Chase & Co., and Allen & Co. are listed in the filing as the lead banks managing the offering.
Financials included in the registration show the company reported net income of $27.5 million on revenue of $601 million for the first three months of 2026. That marks a reversal from the same quarter a year earlier, when Bending Spoons posted a net loss of $112 million on revenue of $259 million.
The filing highlights sharp user-base expansion. Monthly active users reached 500 million in March, up from 111 million in December 2023. Paying monthly customers rose to nine million from three million across the same timeframe.
According to data cited in the filing, the company carried an approximate valuation of $14.5 billion in 2025 after a funding round that included $270 million of primary capital, $440 million of secondary capital and a $2.8 billion debt package.
Founded in 2013, Bending Spoons has pursued a strategy of acquiring established digital businesses and updating them under its operating model. The portfolio named in the filing comprises file-sharing service WeTransfer, note-taking app Evernote, video platform Vimeo, AI photo enhancer Remini, data transfer service WeTransfer, local groups finder Meetup, and events marketplace Eventbrite.
Recurring subscription revenue is identified in the filing as a substantial component of the company's revenue mix.
The company name is derived from the notion of bending spoons with the mind as depicted in the 1990s film The Matrix.
What this filing reveals
- The registration formalizes Bending Spoons' intent to list on Nasdaq under BSP and identifies major investment banks leading the deal.
- Recent quarterly results in early 2026 show a material increase in top-line revenue and a return to profitability compared with the prior year quarter.
- User metrics cited in the filing indicate rapid growth in both monthly active users and paying subscribers over the most recent reporting period provided.