Bending Spoons IPO sees top 10 investors take 85% of shares - Bloomberg

Bending Spoons has priced its IPO above the expected range, resulting in a company valuation of $18.4 billion. According to reports from Bloomberg, the distribution of shares is highly concentrated, with the top ten investors acquiring 85% of the total shares. This significant allocation highlights the strong interest from major backers during the offering process, as the company establishes its market value through this high-valuation public debut in the financial markets.