AOL, the company that once defined what “going online” meant for an entire generation, is about to trade on a stock exchange again.

Italian software company Bending Spoons, which acquired AOL in January 2026, filed for a US IPO on June 8, targeting a valuation of approximately $20 billion. The company aims to raise between $1.6 billion and $1.7 billion, with shares expected to begin trading on Nasdaq in the first week of July 2026.

From dial-up to IPO redux

Bending Spoons, the Milan-based software firm behind the revival, has built a playbook around acquiring faded digital brands and squeezing new life out of them. AOL joins a portfolio that includes Vimeo, WeTransfer, Eventbrite, and Evernote.

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