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Bending Spoons (BSP) Stock News

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Bending Spoons (BSP) announced a new $330 million investment from Berkshire Hathaway through a private placement of ordinary shares.

Bending Spoons will issue 10 million ordinary shares at $33.00 each. The investment brings Berkshire Hathaway’s ownership stake to 4%, following its $600 million investment at Bending Spoons’ July 2026 initial public offering. Closing remains subject to customary closing conditions.

The company expects the investment to enhance financial flexibility and its ability to pursue acquisitions as part of its broader financing strategy.

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Bending Spoons (BSP) syndicated and priced add-ons to its existing dollar and euro term loans, subject to closing conditions.

The dollar add-on is $1.25 billion, up from a $750 million target; the euro add-on is €395 million, up from a $250 million equivalent target. Both loans mature in 2031. Bending Spoons intends to use the proceeds for the agreed-upon Miro acquisition, repayment of the drawn portion of its euro revolving credit facility, and general corporate purposes.

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Bending Spoons (BSP) has opened a new office in Warsaw, adding to its Milan headquarters and hubs in London and Madrid, to support rising Polish hiring in 2026.

The company reports around 50,000 applications from Poland so far in 2026, more than twice the total Polish applications in 2025, with many candidates described as among its strongest. The Warsaw office is located in Śródmieście, close to the Presidential Palace and the University of Warsaw, and will serve recruitment across software engineering, AI research, product and growth management, data, and design roles. Bending Spoons fully covers initial stays in Milan for new hires and offers relocation, temporary housing, and commuting support for those moving to Warsaw. In 2026 it plans to award over €1,000,000 in scholarships to students across Europe and is continuing its support for the ICPC Central Europe Regional Contest.

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Bending Spoons (BSP) has signed a definitive all-cash agreement to acquire Miro at an enterprise value of $1.355 billion, implying an equity value of about $1.79 billion.

Certain Miro shareholders will reinvest $295 million of their proceeds into newly issued Bending Spoons equity. Miro reports around $600 million in annual recurring revenue, with nearly 90% from business and enterprise customers, serving nearly 4 million paying users and more than 750 customers each generating over $100,000 in ARR. Bending Spoons plans substantial post-closing investment in performance, reliability, and functionality, and expects to own and operate Miro for the long term.

The boards of both companies unanimously approved the deal, which is expected to close in the fourth quarter of 2026, subject to regulatory approvals and customary conditions. Until closing, both firms will operate independently. Miro would follow Airtable as the latest product to join Bending Spoons.

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Bending Spoons (BSP) has completed its previously announced all-cash acquisition of 100% of Airtable’s shares.

Airtable is described as a platform used by more than 500,000 organizations to organize data and manage critical workflows. Bending Spoons’ CEO said the company plans to sustain Airtable’s growth by investing heavily in product development, customer support, and go-to-market capabilities.

This is Bending Spoons’ first acquisition since its Nasdaq listing on July 1, 2026, adding Airtable to a portfolio of global brands. The company noted that the financial outlook issued on August 13, 2026 excluded any contribution from Airtable and is expected to be updated to incorporate Airtable when Bending Spoons next reports financial results.

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Bending Spoons (Nasdaq: BSP) reported strong Q2 2026 growth, with revenue of $704 million, up 126% year over year. Operating income reached $240 million (+139%), while net income rose to $177 million (+171%). Adjusted Operating Income was $381 million (+150%) with a 54% margin, and Adjusted EPS was $0.46 (+167%).

In May 2026, Bending Spoons completed the $759 million acquisition of Tractive. After quarter-end, it agreed to acquire Airtable for $1.29 billion in cash and completed an IPO on Nasdaq, raising $1.10 billion in net proceeds. At quarter-end, net debt was $4.09 billion with a leverage ratio of 2.4×. The company guided Q3 2026 revenue to $733–$745 million and full-year 2026 revenue to $2.78–$2.82 billion, based on its current portfolio.

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Bending Spoons (Nasdaq: BSP) will release its Q2 2026 financial results on August 13, 2026, before U.S. markets open. The company will host a conference call and webcast at 8:00 a.m. ET (5:00 a.m. PT), accessible via investors.bendingspoons.com, with a replay available afterward.

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Bending Spoons (BSP) has opened a new office in Madrid, its third European base after Milan headquarters and a recently opened London branch. The Madrid office is located in the Recoletos area, near Retiro Park and the Prado Museum, reflecting a focus on quality of life and international appeal.

According to the company, it now receives around 10,000 Spain-based job applications per month and plans to grow its Madrid team into the hundreds. Bending Spoons covers relocation costs, up to four months of temporary housing, and commuting expenses. It is also investing in Spanish tech talent through a three-day First Ascent Spain retreat in Milan and over €1,000,000 in European scholarships in 2026, alongside support for competitions such as Ada Byron and Olimpiada Informática Española.

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Bending Spoons (NASDAQ: BSP) has entered into a definitive agreement to acquire Airtable in an all-cash transaction valuing Airtable at an enterprise value of $1.285 billion. Including Airtable’s net cash and cash equivalents, the deal implies an equity value of approximately $2.25 billion. The transaction, unanimously approved by both companies’ boards, is expected to close later in 2026, subject to regulatory approvals and customary closing conditions, during which both firms will operate independently.

According to Bending Spoons, Airtable generates annual recurring revenue of about $480 million, growing over 20% year over year as of June 2026, and serves more than 500,000 organizations, including 80% of the Fortune 100. This will be Bending Spoons’ first acquisition since its July 1, 2026 Nasdaq listing, following earlier 2026 acquisitions of AOL and Eventbrite. Multiple global legal and financial advisors are supporting both parties.

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Bending Spoons (NASDAQ: BSP) announced a new €500 million medium-long-term term loan facility provided by HSBC Continental Europe, Intesa Sanpaolo, and BPER Banca Corporate & Investment Banking, maturing in March 2031 and backed by a guarantee from SACE.

According to Bending Spoons, this facility, together with €495 million of additional term loan A financing and a €490 million increase in commitments under its revolving credit facility, raises the aggregate amount of new and expanded facilities agreed since the start of the second quarter to €1.49 billion. The term loan A and additional revolving credit commitments are available for general corporate purposes and acquisitions, and also mature in March 2031.

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FAQ

What is the current stock price of Bending Spoons (BSP)?

Bending Spoons (BSP) last closed at $37.86.

What is the market cap of Bending Spoons (BSP)?

The market cap of Bending Spoons (BSP) is approximately $24.0B.