Bending Spoons IPO Launches Above $18 Billion Valuation

Italian software group Bending Spoons listed on Nasdaq, debuting with a market value above $18 billion, TechCrunch reported. The offering opened trading at a price that placed the company’s valuation beyond the $18 billion mark. By the end of the first trading day, the shares had risen roughly 40 percent, reflecting strong investor demand.

Co-founder Matteo Danieli told reporters that Bending Spoons deliberately focuses on operational excellence and minimizing luck to drive product success. The prospectus also highlighted an acquisition-driven growth strategy as a central element of the firm’s market appeal.