Why Is Bending Spoons (BSP) Raising $330 Million Through A Private Placement?

Bending Spoons (NasdaqGS:BSP) agreed a $330 million private placement of 10 million ordinary shares with Berkshire Hathaway. The deal provides a direct equity funding injection, rather than debt, into Bending Spoons from a single institutional investor. Transaction terms point to Berkshire Hathaway taking a sizeable minority stake, given Bending Spoons is issuing new ordinary shares. This Berkshire Hathaway private placement is a key event that investors may want to weigh against the rest of our analysis. We have also spotted 3 warning signs (2 major) worth knowing about at Bending Spoons.