Berkshire Hathaway Bending Spoons Investment Adds $330M

Berkshire Hathaway’s investment in Bending Spoons, the company said on Oct. 14, 2026, is a binding private placement intended to support general corporate purposes and new acquisitions. The transaction is expected to close in the fourth quarter of 2026.

Private Placement Terms and Ownership Impact

Bending Spoons announced a binding agreement with Berkshire Hathaway to issue 10 million ordinary shares at $33 per share in a private placement, generating approximately $330 million in gross proceeds. Completion would raise Berkshire’s total ownership to 4%, following its $600 million purchase in Bending Spoons’ July 2026 initial public offering.

The company filed the announcement on Form 6-K, identifying the press release as Exhibit 99.1 and documenting the binding private-placement agreement.

Strategic and Regulatory Details

The Form 6-K states the securities will be issued in an unregistered private placement and cannot be offered or sold in the United States without registration or an applicable exemption. Berkshire Hathaway will receive registration rights. The filing describes the agreement as binding but notes completion remains subject to customary closing conditions.

Bending Spoons said net proceeds will fund general corporate purposes and new acquisitions. The issuance of new ordinary shares would dilute existing holders’ percentage ownership, subject to completion.

Bending Spoons is an Italy-based technology company that acquires and operates digital businesses.

“The fresh investment takes Berkshire Hathaway’s total ownership stake of the technology company to 4%,” the company said in its announcement.