Italian company hopes to raise $1.6B in IPO

By the Editorial Team · Tuesday, June 23, 2026

Italian tech firm Bending Spoons announced plans to raise up to $1.62 billion through a U.S. IPO by offering 58 million shares priced between $26 and $28 each. This move underscores the company’s ambition to join the U.S. public markets for greater liquidity and positions it among the largest European tech IPOs of the year, with a potential valuation near $19 billion.

Bending Spoons, an Italian technology firm specializing in acquiring and revitalizing software businesses, is preparing to raise up to $1.62 billion through an initial public offering (IPO) in the United States. The Milan-based company plans to offer 58 million shares at a price range of $26 to $28 each, according to individuals familiar with the matter who spoke on the condition of anonymity due to the sensitive nature of the information.

The proposed offering would mark one of the largest IPOs by a European company this year and represents a notable listing for a significant software company. Approximately 60 percent of the shares in the offering are expected to be new stock issued by Bending Spoons, with the remaining shares coming from existing investors, including Baillie Gifford, who intends to sell shares as part of the offering.

If priced at the top end of the proposed range, Bending Spoons would reach a valuation of around $19 billion. The company is targeting an initial trading debut on U.S. exchanges in early July, sources said.

Bending Spoons declined to comment on the IPO plans, and Baillie Gifford did not immediately respond to requests for comment. The timing of the deal coincides with a broader resurgence in the U.S. IPO market following a period of relative inactivity.

By choosing a U.S. listing, Bending Spoons joins a growing number of European technology firms seeking access to American public markets, which are often seen as offering deeper liquidity and greater investor demand. The company’s strategy of acquiring and improving software businesses has positioned it as a significant player within the tech sector in Italy and beyond.

The filing with the U.S. Securities and Exchange Commission was expected imminently, which will provide further clarity on the company’s financials and the detailed terms of the offering.

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