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Bendingspoon made its debut on the Nasdaq market on the 1st (local time). Bloomberg There are brands that once dominated the Internet world but disappeared into memory due to competition with big tech. AOL, the epitome of early web surfing, EverNote, an essential memo app for office workers around the world, and Vimeo, a video platform that was a playground for creators. There is a company that has picked up these old apps that were dying while being treated as 'retired' like junk shops. And it appeared on the Nasdaq market this week and surprised the world by popping a huge jackpot worth 39 trillion won at once. It is Bending Spoons, a unique software portfolio company from Milan, Italy. ◆Overcoming the failure to start a business, he tried again, making his all-time Nasdaq debut BENDINGPUNS, July 1 (Reuters) - Shares of BENDINGPUNS, which debuted on the U.S. Nasdaq market, have exploded since its first day of listing. The shares, which started at a public offering price of $29 per share, surged as much as 39.7% on the first day alone to close at $40.5. The market's response was higher than originally expected. After surpassing the band's hoped-for offering price

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Telekinesis getty The Nasdaq debut got a nostalgia headline. The prospectus raises the harder question: whether the acquisition math works once the restructuring, R&D and debt are put back into the story. The acquisition math behind the nostalgia headline Bending Spoons' Nasdaq debut produced exactly the kind of story markets like: an Italian software company few public-market investors knew well now owns AOL, Vimeo, Evernote, WeTransfer and Eventbrite, after building a reputation for buying familiar digital brands, cutting deeply, optimizing aggressively and never selling a material business. The IPO priced at $29 a share, implying an IPO-price valuation of roughly $18.4 billion, and the stock closed its first trading day at $40.50, up nearly 40%. The story is real. But the cleaner question is whether the acquisition math already visible in the prospectus supports the public-market multiple. The most important number is not the AOL purchase price on its own. It is the pro forma combined result Bending Spoons was required to disclose. If the acquisitions of AOL, Eventbrite and Vimeo, together with the related financing and acquisition-accounting adjustments, had been reflected as though they occurred on January 1, 2025, Bending Spoons' pro forma combined 2025 net income attributable to

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