Bending Spoons floated on the Nasdaq on 1 July, and the listing valued the Milan software company at about $18.4B (£13.9B) and left co-founder and chief executive Luca Ferrari with a personal fortune of roughly $2.4B (£1.8 B), according to Forbes.
The company priced its shares at $29 (£22), above the marketed range of $26 to $28, and raised about $1.68B (£1.3B). The stock rose sharply on its trading debut. It was the largest listing by a European startup since 2023.
