Bending Spoons S.p.A. has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission in connection with a proposed initial public offering of its ordinary shares, the company said in a statement.
The Milan-based technology company has applied to list its shares on the Nasdaq Global Select Market under the ticker symbol "BSP." The filing does not specify a timetable for the offering, nor does it set the number of shares to be sold or any price range for the potential sale.
In its registration statement, Bending Spoons identified several financial institutions that will manage the proposed offering. Goldman Sachs International, J.P. Morgan, and Allen & Company LLC are designated as joint lead book-running managers. A broader syndicate named as joint book-running managers includes Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP Paribas, Mizuho, Societe Generale, Crédit Agricole CIB, IMI - Intesa Sanpaolo, UniCredit, and Banca Akros - Gruppo Banco BPM.
The company reiterated standard disclaimers connected with an initial public offering. It noted that the proposed offering is subject to market conditions and to the SEC declaring the registration statement effective. The filing emphasizes there is no assurance as to whether or when the offering may occur or be completed, or what the ultimate size, price, or other terms of the offering might be.
When available, any sale of securities in the offering will be conducted through a prospectus, the company said. The prospectus would provide the formal terms and additional information if and when the offering proceeds.
Context and implications
By submitting a Form F-1, Bending Spoons has initiated the formal regulatory process required for a non-U.S. company to pursue a U.S.-listed IPO. The filing confirms the company’s intent to list on the Nasdaq Global Select Market and identifies the underwriting group that would manage the transaction if it proceeds. Beyond those procedural disclosures, the registration does not set specific deal mechanics or timelines.
What remains unresolved
- The schedule for the offering - the filing does not set dates.
- The number of shares to be offered and the price range - not determined in the filing.
- Whether the offering will proceed at all - the company notes no assurance it may commence or complete the offering.