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Bending Spoons completes Airtable acquisition
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Bending Spoons (NASDAQ:BSP) completed its previously announced acquisition of Airtable, adding the data organization and workflow management platform to its technology portfolio.
Bending Spoons (NASDAQ:BSP) completed its previously announced acquisition of Airtable, adding the data organization and workflow management platform to its technology portfolio.
Bending Spoons (NASDAQ:BSP) agreed to acquire Airtable in an all-cash transaction reflecting a $1.285 billion enterprise value.
Bending Spoons SpA shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion. Shares of the Milan, Italy-based company, which acquires struggling software businesses, opened on Wednesday at $31 each, above the IPO price of $29 per share, before climbing as high as $33.14. The firm and investors including Baillie Gifford sold 57.97 million shares after marketing them for $26 to $28. Luca Ferrari, CEO, Bending Spoons joined Bailey Lipschultz, Carol Massar and Tim Stenovec from to discuss their first day of trading.
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