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BUSINESSJul 1 · 18:12 UTCWDIV CLICKONDETROITDamian J. Troise, Associated Press

AOL's owner, Bending Spoons, hits Wall Street with $1.7 billion IPO

Bending Spoons, the owner of AOL, Eventbrite, and Vimeo, raised $1.7 billion through a Wall Street IPO, with shares surging 41% on debut. The company focuses on acquiring and overhauling troubled tech firms using AI, generating $601 million in revenue and $27.5 million net income in early 2026.

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