While there are no concrete plans in place, Bending Spoons is preparing for a potential listing, according to CEO Luca Ferrari. He stated in an email to Reuters that the company, which is the first European developer of mobile apps, is considering its options for a stock market launch.
Bending Spoons eyes IPO in the US
"If and when we decide to pursue a listing, we will explore all reasonable alternatives. Currently, we have a slight preference for a listing in the United States, but that could change," Ferrari noted.
Company's history
Co-founded in 2013 by Ferrari, Bending Spoons is working toward readiness for an IPO, even though no specific timeline has been established.
To prepare for this, including addressing costs and financial accounts, Bending Spoons has made the decision to lay off 75% of the staff at WeTransfer, the well-known digital file-sharing and collaboration platform based in the Netherlands, which the Italian company acquired last August.