Bending Spoons S.p.A. filed a Form 6-K on October 29, 2026, reporting the closing of a private placement of 10 million ordinary shares to Berkshire Hathaway at $33.00 per share, generating approximately $330 million in gross proceeds.

Key Highlights

  • Deal closed October 29, 2026: The private placement with Berkshire Hathaway, first announced on October 14, 2026, closed on that date.
  • 10 million shares at $33.00 each: Bending Spoons issued 10 million ordinary shares of no par value at a purchase price of $33.00 per share.
  • Approximately $330 million in gross proceeds: The company disclosed proceeds of approximately $330 million before deducting offering expenses.
  • Berkshire Hathaway holds approximately 4%: Following closing, the investor holds approximately 4% of Bending Spoons' outstanding ordinary shares.
  • 346,498,470 ordinary shares outstanding: Post-closing, the company reported 346,498,470 ordinary shares (excluding treasury shares) and 310,240,685 Class A shares outstanding.
  • Proceeds designated for general corporate purposes and acquisitions: The company disclosed it intends to use net proceeds for general corporate purposes and to invest in new acquisitions.

Bending Spoons Closes Berkshire Hathaway Private Placement at $33.00 Per Share

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, Bending Spoons S.p.A. (NASDAQ:BSP) completed a private placement of 10 million ordinary shares to Berkshire Hathaway on October 29, 2026. The binding agreement had been entered into on October 14, 2026, and the subscription agreement was executed on October 22, 2026. The shares were issued at $33.00 per share, with the company disclosing gross proceeds of approximately $330 million before deducting offering expenses.

Following the closing, the filing reported that Bending Spoons has 346,498,470 ordinary shares outstanding (excluding treasury shares) and 310,240,685 Class A shares outstanding. Berkshire Hathaway, described in the filing as "the Investor," holds approximately 4% of the company's outstanding ordinary shares as a result of the transaction. The company disclosed that it intends to use the net proceeds for general corporate purposes and to invest in new acquisitions.

The filing noted that the private placement is exempt from registration requirements of the Securities Act "pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D." The filing further stated that Berkshire Hathaway represented it is an accredited investor acquiring the shares as principal for its own account, and that the shares were offered without general solicitation. The shares have not been registered under the Securities Act or any state securities laws.

What Was Disclosed

Bending Spoons S.p.A. reported in its October 29, 2026 Form 6-K the closing of a $330 million private placement of 10 million ordinary shares to Berkshire Hathaway at $33.00 per share, with net proceeds intended for general corporate purposes and acquisitions.