What happened
Bending Spoons S.p.A. (NASDAQ: BSP) completed its previously announced purchase of Miro on October 26, 2026. It bought 100% of Miro's shares in an all-cash deal. Miro is legally RealTimeBoard, Inc., a Delaware corporation. More than 250,000 organizations use its visual collaboration platform.
At closing, certain former Miro shareholders put about $295 million of their sale proceeds into about 6.2 million new Bending Spoons ordinary shares. The shares were sold in a private placement, so they did not need to be registered under the U.S. Securities Act of 1933.
Key numbers
| Metric | Latest | Change | Source |
|---|---|---|---|
| Miro shares acquired | 100% | SEC 6-K, Exhibit 99.1 | |
| Proceeds reinvested by former Miro shareholders | about $295 million | SEC 6-K | |
| New Bending Spoons ordinary shares issued | about 6.2 million | SEC 6-K | |
| Organizations using Miro | more than 250,000 | SEC 6-K, Exhibit 99.1 | |
| Miro users | more than 100 million | SEC 6-K, Exhibit 99.1 |
Read more: Bending Spoons S.p.A. (BSP) stock analysis and investment case
Why it matters
The reinvestment returns about $295 million of the sale proceeds to Bending Spoons as new equity. It also makes some former Miro owners Bending Spoons shareholders, with a stake in how the combined company performs.
Miro has more than 100 million users. It joins main businesses that include Airtable, AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo and WeTransfer. Bending Spoons says it buys digital businesses, transforms them to grow earnings and reinvests in more acquisitions. It says it has never sold a material business.
Chief executive Luca Ferrari said the company will use Bending Spoons technologies and expertise to make Miro more useful to customers and support its growth.
The outlook Bending Spoons gave on August 13, 2026, covered only businesses it owned as of August 12, 2026. It excluded Miro. So current guidance includes nothing from Miro, and any payoff from the deal is still an expectation. The company lists risks tied to the deal, including disruption to current plans, employee retention and management distraction.
Stock perps: every US stock that trades as a perpetual future, by leverage, live
What's next
Bending Spoons expects to add Miro to its outlook when it next reports financial results. That will be the first company forecast that includes Miro.
A higher outlook with Miro included would support the case for the deal. A flat outlook, or signs of the disruption the company lists as a risk, would weaken it.
More from OptimistFi
- BSP stock: the Bending Spoons S.p.A. thesis, its status and the next test to watch
- Stock research on every company OptimistFi covers
From OptimistFi Perps
- Top perps movers today: stocks, commodities, FX and indices
- Open interest live: crypto and stock perps by exchange
- All perp markets: price, open interest and funding by venue
- Futures calculator: liquidation price, PnL and fees by exchange
- Perp funding rates live: what longs and shorts pay on every venue
Sources
- SEC Form 6-K, Bending Spoons S.p.A., October 26, 2026 — Report confirming completion of the RealTimeBoard, Inc. (Miro) acquisition and the share issuance to former Miro shareholders.
- Exhibit 99.1 press release: Bending Spoons completes the acquisition of Miro — Press release with deal terms, the outlook treatment of Miro and executive comments.
Read the full OptimistFi thesis on Bending Spoons S.p.A.: https://optimistfi.com/stocks/BSP
See what would break the Bending Spoons S.p.A. thesis and track it live on the OptimistFi Thesis-Break Engine.
Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.
The full Bending Spoons S.p.A. investment case, its status and the next test to watch live on the Bending Spoons S.p.A. thesis page.
Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
