US Stocks: Vimeo Owner Bending Spoons Seeks $1.62 Billion US IPO, Sources Say

US stocks: Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say

Bending Spoons Targets $1.62 Billion IPO in the U.S.

Italian technology company Bending Spoons is preparing for a major initial public offering (IPO) in the United States, with ambitions to secure up to $1.62 billion. If successful, this could rank as one of the largest IPOs by a European firm this year, potentially valuing the software acquirer at around $19 billion.

Having recently reported impressive growth in net income, Bending Spoons is looking to make its mark on Nasdaq, planning to launch its stock offering in early July. This development highlights a renewed interest in tech IPOs, suggesting a vibrant market ahead.