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

Milan-based Bending Spoons, owner of Vimeo, WeTransfer, and recently AOL and Eventbrite, is seeking a $1.62 billion US IPO by offering 58 million shares priced at $26-$28, targeting a valuation of up to $19 billion and an early-July Nasdaq debut under ticker 'BSP.' The company reported net income of $27.5 million on revenue of $601 million for Q1 2026, a sharp turnaround from a $112.2 million net loss a year earlier. The deal is led by Goldman Sachs, JPMorgan, and Allen & Co., and comes amid a strong rebound in US IPO activity, with $150 billion raised across 179 offerings year-to-date.