--- title: Bending Spoons (BSP) Brings AI-Powered Digital Business Acquisition Platform to Nasdaq description: Digital software consolidator targets approximately $8.8 billion market capitalization as acquisition-driven growth, AI-enabled operations and a portfolio of global digital brands fuel expansion image: https://blog.ipoprophet.com/hubfs/Bending%20Spoons%20Thumbnail.png --- [Skip to content](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq#main-content) [![IPO_PROPHET_BLUE logo](https://blog.ipoprophet.com/hs-fs/hubfs/IPO_PROPHET_BLUE%20logo.png?width=2973&height=302&name=IPO_PROPHET_BLUE%20logo.png)](https://www.IPOProphet.com) - [Login](https://app.ipoprophet.com/login) Open main navigation Close main navigation - [Login](https://app.ipoprophet.com/login) [Subscribe to our Newsletter](https://share.hsforms.com/1xXldKrGiQBCbNmtOz6j4Jwq3cu4) [Go Back to Home](http://www.ipoprophet.com/) [Go Back to Blog](http://www.ipoprophet.com/blog) Jun 23, 2026 5:38:19 PM # Bending Spoons (BSP) Brings AI-Powered Digital Business Acquisition Platform to Nasdaq ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq) [Twitter icon](https://twitter.com/intent/tweet?url=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq) [envelope icon](mailto:?body=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq) ![Bending Spoons Logo](https://blog.ipoprophet.com/hs-fs/hubfs/Bending%20Spoons%20Logo.png?width=640&height=99&name=Bending%20Spoons%20Logo.png) **Bending Spoons S.p.A. (Nasdaq: BSP)** has filed for an initial public offering of **57.97 million ordinary shares** at a proposed price range of **$26.00 to $28.00 per share**. The offering consists of **34.40 million shares sold by the company** and **23.57 million shares sold by existing shareholders**. At the midpoint price of **$27.00 per share**, the offering would raise approximately **$1.57 billion** and value the company at an approximate **market capitalization of $8.8 billion** based on **324.98 million ordinary shares outstanding after the offering**. The IPO is being led by **Goldman Sachs, J.P. Morgan and Allen & Company**, with shares expected to trade on the Nasdaq under the ticker **BSP**. Founded in 2013, Bending Spoons has evolved from a mobile application developer into one of the world's most active acquirers of digital businesses. The company acquires software, creator economy, productivity, consumer application and digital media assets, then applies a centralized operating framework focused on technology, monetization, product optimization and efficiency improvements. Rather than relying on a single flagship product, Bending Spoons has built a diversified portfolio of digital brands spanning multiple software and media categories. The company's portfolio includes well-known platforms such as **Evernote, Meetup, StreamYard, WeTransfer, Brightcove, Vimeo, Eventbrite, AOL, Komoot, Issuu, Harvest, Loomly, MileIQ and Remini**. Through a combination of acquisitions and operational improvements, management has expanded both scale and profitability while transforming underperforming digital assets into cash-generating businesses. What makes Bending Spoons unique among technology IPOs is its capital allocation strategy. Management views digital businesses as long-term assets that can be acquired, optimized and compounded over time. The company estimates it has identified more than 1,000 potential acquisition targets representing roughly $400 billion of aggregate annual revenue, providing a substantial opportunity set for future growth. This approach has drawn comparisons to serial acquirers in both software and broader business services industries, where disciplined acquisitions and operational execution drive long-term value creation. Artificial intelligence has become a central component of the company's operating model. Management reports that AI-assisted development has rapidly expanded across the organization, with more than 90% of software pull requests being authored or co-authored by AI during the first quarter of 2026. The company believes AI can accelerate product development, improve operational efficiency, enhance customer acquisition and support the integration of acquired businesses across its portfolio. Scale has increased dramatically in recent years. Revenue grew from $387.1 million in 2023 to $671.1 million in 2024 and $1.31 billion in 2025, representing growth of approximately 238% over the two-year period. The company now serves more than 500 million monthly active users and over 9 million monthly paying customers across its collection of digital products and services. Profitability has also expanded alongside revenue growth. Gross profit increased from $236.5 million in 2023 to $857.3 million in 2025, while operating income rose from $84.3 million to $277.9 million. Operating margin remained strong at approximately 21.3% during 2025, demonstrating the company's ability to scale earnings despite integrating numerous acquisitions. Net income has been more volatile due to acquisition-related financing costs and tax impacts. After generating net income attributable to shareholders of $160.8 million in 2023 and $89.5 million in 2024, the company reported essentially break-even results in 2025 as interest expense increased to $142.6 million following several large acquisitions. While profitability has been pressured by financing costs, the underlying operating business continues to generate substantial cash flow. Cash generation remains one of the company's strongest financial characteristics. Net cash provided by operating activities increased from $59.2 million in 2023 to $204.9 million in 2024 and $290.6 million in 2025. Cash and cash equivalents totaled approximately $629.9 million at year-end 2025, providing significant liquidity to support future acquisitions and business investments. At the midpoint valuation of approximately $8.8 billion, Bending Spoons would trade at roughly 6.7x 2025 revenue. Investors are effectively being asked to value the company not only on its existing portfolio of digital assets, but also on management's ability to continue acquiring, integrating and improving businesses at scale. The valuation places Bending Spoons among the larger software and internet IPOs of 2026 and reflects expectations for continued acquisition-driven growth. Risks include acquisition execution, integration challenges, leverage associated with future transactions, competition for attractive acquisition targets and the complexity of managing a rapidly expanding portfolio of businesses. Investors should also note that the company's dual-class structure will provide founders with substantial voting control following the offering. Overall, Bending Spoons enters the public markets as a differentiated technology company built around acquiring and improving digital businesses rather than creating a single software platform. With more than $1.3 billion in revenue, strong operating margins, growing cash flow generation and a sizable acquisition pipeline, BSP offers investors exposure to a unique AI-enabled consolidation strategy that has few direct public-market comparisons. ![Bending Spoons Placard](https://blog.ipoprophet.com/hs-fs/hubfs/Bending%20Spoons%20Placard.png?width=1003&height=664&name=Bending%20Spoons%20Placard.png)   [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos), [2026](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/2026), [bending spoons](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/bending-spoons) ## Related posts [![](https://blog.ipoprophet.com/hs-fs/hubfs/Ethos%20Picture1.png?height=200&name=Ethos%20Picture1.png)](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/ethos-technologies-sets-ipo-terms-as-profitable-insurtech-platform-targets-nasdaq-listing) [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos), [Nasdaq](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/nasdaq), [2026](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/2026), [Ethos Technologies](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ethos-technologies) ## [Ethos Technologies Sets IPO Terms as Profitable Insurtech Platform Targets Nasdaq Listing](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/ethos-technologies-sets-ipo-terms-as-profitable-insurtech-platform-targets-nasdaq-listing) ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Jan 20, 2026 12:51:00 PM Ethos Technologies Inc. has set terms for its initial public offering, with the digital life... [Read more](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/ethos-technologies-sets-ipo-terms-as-profitable-insurtech-platform-targets-nasdaq-listing) [![](https://blog.ipoprophet.com/hs-fs/hubfs/BitGo%20Logo.jpg?height=200&name=BitGo%20Logo.jpg)](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bitgo-files-for-nyse-ipo-as-institutional-crypto-infrastructure-moves-into-the-spotlight) [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos), [NYSE](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/nyse), [BitGo Holdings, Inc.](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/bitgo-holdings-inc) ## [BitGo Files for NYSE IPO as Institutional Crypto Infrastructure Moves Into the Spotlight](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bitgo-files-for-nyse-ipo-as-institutional-crypto-infrastructure-moves-into-the-spotlight) ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Jan 12, 2026 4:20:24 PM [Read more](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bitgo-files-for-nyse-ipo-as-institutional-crypto-infrastructure-moves-into-the-spotlight) [![](https://blog.ipoprophet.com/hs-fs/hubfs/ITG%20logo.jpg?height=200&name=ITG%20logo.jpg)](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/itg-itg-positions-for-ipo-as-broadband-data-center-and-utility-infrastructure-spending-accelerates) [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos), [2026](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/2026), [ITG Communications](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/itg-communications) ## [ITG (ITG) Positions for IPO as Broadband, Data Center and Utility Infrastructure Spending Accelerates](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/itg-itg-positions-for-ipo-as-broadband-data-center-and-utility-infrastructure-spending-accelerates) ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Jun 23, 2026 2:38:16 PM [Read more](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/itg-itg-positions-for-ipo-as-broadband-data-center-and-utility-infrastructure-spending-accelerates) [linkedin-in icon](https://www.linkedin.com/company/ipo-prophet-software/) [X Twitter icon](https://www.x.com/ipoprophet) --- [![IPO_PROPHET_WHITE-2](https://blog.ipoprophet.com/hs-fs/hubfs/IPO_PROPHET_WHITE-2.png?width=800&height=250&name=IPO_PROPHET_WHITE-2.png "IPO_PROPHET_WHITE-2")](http://www.ipoprophet.com) NONE OF THE CONTENT PUBLISHED ON THE WEBSITE OR MOBILE APP CONSTITUTES A RECOMMENDATION, SOLICITATION, ENDORSEMENT, OR OFFER BY IPO PROPHET™ OR ITS AFFILIATES TO BUY OR SELL ANY SECURITIES, FUTURES, OPTIONS, OR OTHER FINANCIAL INSTRUMENTS, OR PROVIDE ANY INVESTMENT ADVICE OR SERVICE. Copyright © 2025 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Eric Friedman", "url" : "https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman" }, "dateModified" : "2026-06-23T21:38:19.328Z", "datePublished" : "2026-06-23T21:38:19.000Z", "headline" : "Bending Spoons (BSP) Brings AI-Powered Digital Business Acquisition Platform to Nasdaq", "image" : [ "https://blog.ipoprophet.com/hubfs/Bending%20Spoons%20Thumbnail.png" ], "mainEntityOfPage" : { "@id" : "https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/bending-spoons-bsp-brings-ai-powered-digital-business-acquisition-platform-to-nasdaq", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.ipoprophet.com/hubfs/IPO_PROPHET_BLUE%20logo-1.png" }, "name" : "ipoprophet.com" } } ```