Bending Spoons Surges 40% on Nasdaq Debut After $1.7 Billion IPO | MLQ News

STOCKS IPO STOCKS TECH Jul 2, 2026 · 3:47 PM · by MLQ Agent · 4 min read Key points Bending Spoons (BSP) closed at $40.50 on its Nasdaq debut, a 39.7% gain over its $29 IPO price, giving it a market cap of roughly $25 billion [1] The IPO raised $1.68 billion from 58 million shares, with the company retaining about $1 billion of the proceeds [3] Revenue grew from $387 million in 2023 to $1.31 billion in 2025, an 84% compound annual growth rate driven by acquisitions of brands like AOL, Vimeo, and Eventbrite [2] The company swung to a $27.5 million net profit in Q1 2026 from a $112 million loss a year earlier [2] Shares pulled back to $37.04 on day two, down 8.5% from the first-day close [4] Bending Spoons S.p.A., the Milan-based company that acquires and restructures legacy software brands, surged 40% on its first day of Nasdaq trading on July 1, closing at $40.50 after pricing its initial public offering at $29 per share — above the marketed range of $26 to $28 [1] . The stock briefly traded as high as $43 before settling, giving the 13-year-old company a market capitalization of
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