On July 2, Bending Spoons rose 6.17% in after-hours trading, trading at $42.86/share, with turnover of approximately $6.36 million. The stock extended gains from a strong first-day debut following its Nasdaq listing.

The company priced its IPO at $29 per share, above the initial guidance range of $26-$28, with an offering of approximately 58 million shares including 34.4 million from the company. The stock opened up over 13% and gained as much as 10.6% during regular trading, reflecting robust investor demand for its acquisition-driven business model. Additionally, key shareholder Tamburi Investment Partners announced it would retain approximately 2.5% of shares post-listing, signaling long-term confidence.

Bending Spoons, founded in 2013, grows by acquiring digital businesses and implementing AI-driven optimization to expand profitability. The company operates brands including AOL and Eventbrite, has completed over 50 acquisitions, and reported $1.6 billion in revenue over the trailing 12 months with over 500 million monthly active users. Its fully diluted market capitalization stands at approximately $9.7 billion.

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