Italian tech company Bending Spoons, the parent company of AOL, announced its IPO pricing at $29 per share, above the guidance range of $26-$28, valuing the company at approximately $18 billion. The offering raised a total of $1.68 billion. It owns platforms such as Eventbrite and Vimeo, and the proceeds from the fundraising will be used to support subsequent M&A expansion. The stock is expected to begin trading on Nasdaq on Wednesday.