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Vimeo Parent Bending Spoons, Backers Raise $1.68 Billion in IPO

Vimeo Parent Bending Spoons, Backers Raise $1.68 Billion in IPO
Bloomberg Technology Wednesday 01 July 2026, 00:05 UTC By Subrat Patnaik 1 min read
Key Points

Vimeo Parent Bending Spoons, Backers Raise $1.68 Billion in IPO Bending Spoons SpA, which acquires struggling software businesses, and some of its backers raised $1.68 billion in a US initial public offering priced above a marketed range. The Milan, Italy-based company and investors including Baillie Gifford sold 57.97 million shares for $29 per share, according to a statement Tuesday, after marketing them for $26 to $28 each. The company was offering 34.4 million shares and the shareholders...

Vimeo Parent Bending Spoons, Backers Raise $1.68 Billion in IPO Bending Spoons SpA, which acquires struggling software businesses, and some of its backers raised $1.68 billion in a US initial public offering priced above a marketed range. The Milan, Italy-based company and investors including Baillie Gifford sold 57.97 million shares for $29 per share, according to a statement Tuesday, after marketing them for $26 to $28 each. The company was offering 34.4 million shares and the shareholders offered 23.57 million. [Image text:] BENDING-SPCONS
Vimeo (ORG) Bending Spoons (PERSON) IPO (ORG) US (LOCATION) Milan (LOCATION) Italy (LOCATION) Baillie Gifford (PERSON)
Originally published by Bloomberg Technology Read original →

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