Vimeo Inc. has provided an update regarding its ongoing transaction discussions with the Bending Spoons group. The Vimeo Board of Directors met on July 29, 2025, to review a non-binding acquisition proposal from Bending Spoons. During the meeting, the Board discussed the suitability of Allen & Company as Vimeo's financial advisor, noting the firm's reputation and familiarity with Vimeo's business. Allen & Company, which had an existing investment banking relationship with Bending Spoons, has suspended its advisory work for the group while the potential transaction is under consideration. Vimeo has also voluntarily supplemented its previous disclosures to provide additional information related to the transaction.
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