Bending Spoons SpA, a Milan-based software group that owns video and file-sharing services such as Vimeo and WeTransfer (and also Evernote), is pricing its U.S. initial public offering above the marketed range. Multiple outlets report the IPO price is $29 per share, with the offering raising $1.68 billion. The company and certain existing shareholders sell 57.97 million shares at that price, according to figures cited in coverage of the deal. The pricing is described as coming above the original targeted range of $26 to $28. Backers mentioned in reporting include Baillie Gifford, along with other existing shareholders participating in the share sale. After the pricing, the company is set to make its Nasdaq debut following standard closing and listing steps typical of U.S. IPO processes. Coverage is consistent that the transaction is conducted in the U.S. and that the $1.68 billion proceeds figure reflects total funds raised from the priced offering.