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Getting an offer from Bending Spoons has become harder than getting into Harvard.

Three sizable IPOs and four SPACs priced this week. Eleven IPOs and four SPACs submitted filings. While the post-Independence Day calendar is mostly quiet right now, one mega name is tentatively scheduled to list in the week ahead. Street research will be available for five companies in the week ahead, and three lock-up periods will be expiring.

Bending Spoons S.p.A. went public at $29, surged to $40.50, then fell over 11% the next day. BSP has executed over 50 acquisitions, serving 500 million monthly users and 9 million paying customers, but offers limited financial transparency. Despite $2.61 billion in pro forma revenue, BSP posted only $22.4 million in profit last year and lacks reliable cash flow or 2026 guidance.

MILAN--(BUSINESS WIRE)--Bending Spoons S.p.A. (“Bending Spoons”), a leading technology company, today announces the closing of its initial public offering of an aggregate of 57,971,015 of its ordinary shares, at an initial public offering price of $29.00 per share. The offering consisted of 34,398,640 shares sold by Bending Spoons and 23,572,375 shares sold by certain selling shareholders (the “Selling…

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