Movement Alert|Bending Spoons S.p.A. Rises 17.28% in Regular Trading, Aggressive Post-IPO M&A Expansion Gains Market Recognition

Market Focus
2 hours ago

On October 8, Bending Spoons S.p.A. rose 17.28% in regular trading, trading at $38.78/share, with Turnover of $102 million.

The rally came after news that the company, having already completed an all-cash acquisition of Airtable, is reportedly in talks to buy Miro for $1.4 billion, underscoring an aggressive post-IPO M&A strategy.

Bending Spoons completed its acquisition of Airtable in early September, its first deal since the July 1 Nasdaq listing, and Bloomberg reported on September 10 that the company planned to acquire Miro for $1.4 billion. On the earnings front, Q2 adjusted EPS came in at $0.46, up 170% year over year, with revenue of $704.2 million. The company projects full-year 2026 adjusted operating profit in the range of $1.46 billion to $1.51 billion, up 142% at the midpoint. Tamburi Investment Partners has separately disclosed that the residual Bending Spoons stake held by Startip is valued at more than $600 million.

Bending Spoons S.p.A. was founded in Copenhagen, Denmark in 2013 and converted to an Italian joint-stock company in 2017. The company is built on the belief that operational excellence can drive efficient growth through acquiring digital businesses, implementing deep transformations, continuously optimizing to sustainably expand profits, and reinvesting in further acquisitions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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