Bending Spoons, the Italian software company that bought Vimeo less than a year ago, priced its US initial public offering at $29 per share on June 30. That’s above the projected range of $26 to $28, bringing the total raise to approximately $1.68 billion.
The company sold roughly 57.97 million shares and is set to begin trading on Nasdaq under the ticker BSP starting July 1. The post-money valuation lands somewhere between $18.4B and $19B, which is a dramatic leap from the $11B valuation it carried after an October 2025 funding round.
The Vimeo acquisition is already paying off
Bending Spoons acquired Vimeo in September 2025 for $1.38B, paying a 91% premium over the video platform’s previous trading price.
Bending Spoons reported Q1 2026 revenue of $601M, more than doubling the $259M it brought in during Q1 2025. The bottom line flipped even more dramatically: a net profit of $27.5M, compared to a net loss of $112M in the same quarter a year earlier.
