Bending Spoons has announced the closing of the Berkshire Hathaway investment in Bending Spoons, worth $330 million. As a result, Berkshire Hathaway now holds a 4% ownership stake in the technology company. Notably, Berkshire Hathaway had already invested $600 million in Bending Spoons at its July 2026 initial public offering.
Berkshire Hathaway first became a shareholder when Bending Spoons went public. Now, the new capital strengthens that relationship. Bending Spoons CEO and co-founder Luca Ferrari spoke about what the move means for the company.
“Berkshire Hathaway came on board as shareholders at our public listing. Their decision to now make a significant fresh investment means a great deal to us. We admire and are inspired by Berkshire Hathaway’s long-term approach, and we appreciate their continued trust. As a serial acquirer, this fresh investment will be helpful when the right opportunities come along. We look forward to what comes next,” said Bending Spoons CEO and co-founder Luca Ferrari.
How the Private Placement Works
Bending Spoons structured the deal as a private placement. Under this structure, the company issued 10 million ordinary shares. Each share carried a purchase price of $33.00. Therefore, the shares add up to the $330 million total.
In addition, these securities were not registered under the Securities Act of 1933, as amended. As a result, no one may offer or sell them in the United States without proper registration. The applicable exemption from registration requirement would enable sale as well.
Meanwhile, Bending Spoons will share more details about the closing through a regulatory filing. The company will furnish a Form 6-K to the U.S. Securities and Exchange Commission. Investors can therefore look to that SEC filing for further information on the transaction.
Why the Berkshire Hathaway Investment Matters
This second commitment carries weight for several reasons. First, it raises Berkshire Hathaway’s stake in Bending Spoons to 4%. Second, it adds to the $600 million the firm invested at the IPO. Together, the two investments show sustained confidence in the company after its public debut.
In addition, Ferrari described Bending Spoons as a serial acquirer. In that sense, the fresh capital gives the company more room to act on acquisition opportunities. Likewise, the CEO said the investment will help when the right opportunities arise.
Overall, the Berkshire Hathaway investment in Bending Spoons marks a notable step for the Milan-based technology company. Shareholders and market watchers will now wait for the Form 6-K to see the full closing details.
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News Source: Businesswire.com
