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NASDAQ Technology

Bending Spoons IPO Targets $19B Valuation, Reuters Questions Justification

Tom Rudovsky · Reported by Reuters
More coverage: Technology
Sentiment info
Negative
Importance info
8
Price
0
Mkt Cap
0
52W Low
0
52W High
0
52W Position
Off High
Rel. Volume
Market data snapshot near publication time

Summary

Bending Spoons is targeting a valuation of up to $19 billion for its Nasdaq IPO, planning to market 58 million shares at $26-$28 apiece to raise up to $1.62 billion. This follows their June 8th IPO filing. The article highlights skepticism regarding the high valuation, noting the company was last valued at $11 billion in October 2025. Investors are asked to have 'suspended disbelief' in the company's ability to justify this price for its strategy of acquiring and revamping older tech assets.

This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.


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Aug 04, 2026, 2:30 AM EDT
Source: Dow Jones Newswires
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Price at Filing: $36.99
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Filing Type: 6-K
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Market Cap: $28.235B info
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Source: Dow Jones Newswires
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Price at Filing: $33.00
Real-time Price: $44.92 info
Change: +$11.92 (+36%) info
Market Cap: $28.235B info
BSP
Jul 01, 2026, 4:30 PM EDT
Filing Type: 424B4
Importance Score:
9
Price at Filing: $40.74
Real-time Price: $44.92 info
Change: +$4.18 (+10%) info
Market Cap: $28.235B info
BSP
Jul 01, 2026, 12:44 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $32.13
Real-time Price: $44.92 info
Change: +$12.79 (+40%) info
Market Cap: $28.235B info