Bending Spoons Shares Jump 41.2% After Berkshire Agrees to Buy Shares

Bending Spoons S.p.A. (Nasdaq: BSP) shares climbed 41.2% to $53.46 on Oct. 14 after Berkshire Hathaway agreed to buy 10 million newly issued shares for $330 million. The stock gained $15.60 from its previous close of $37.86. It reached $58.56 during the session and fell as low as $49.21. At 4 p.m. ET (20:00 UTC), the closing price was $5.10 below the session high and 62% above Berkshire’s planned $33 per-share price. The binding placement is expected to raise about $330 million before expenses. Bending Spoons expects it to close in the fourth quarter of 2026, subject to customary closing conditions. Berkshire’s ownership is expected to reach 4% after the transaction closes. Berkshire had invested $600 million in Bending Spoons’ July 2026 initial public offering.

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