Overview
- A securities filing shows Berkshire Hathaway bought 10 million ordinary shares at $33 apiece through a private placement for $330 million, bringing its total stake to about 4 percent.
- Bending Spoons said proceeds will be used primarily for acquisitions and for general corporate purposes, giving the company immediate cash to help close the proposed $1.355 billion all‑cash deal for Miro.
- The newly issued shares are unregistered under the U.S. Securities Act, which legally restricts Berkshire from reselling them until they are registered.
- Markets treated the disclosure as a strong endorsement, sending Bending Spoons’ stock sharply higher as investors read Berkshire’s move as confidence in the company’s buy‑and‑build strategy.
- The placement follows Berkshire’s $600 million investment at Bending Spoons’ July IPO and will dilute existing equity while materially boosting the company’s ability to pursue more deals and invest in Miro’s enterprise business.