Berkshire Hathaway has now committed $930 million to Bending Spoons, the Milan-based company that buys and overhauls digital businesses such as AOL, Vimeo and Evernote. The latest piece is a $330 million private placement announced on Wednesday, Oct. 14, on top of the $600 million Berkshire put into Bending Spoons’ Nasdaq IPO in July.

Under the deal, Bending Spoons will issue 10 million new ordinary shares to Berkshire at $33 each, according to the company’s Form 6-K . The placement is subject to customary closing conditions, and Bending Spoons expects it to close in the fourth quarter. Once it does, Berkshire will own about 4% of the company, making it Bending Spoons’ sixth-largest investor, according to LSEG data cited by Reuters.

The IPO priced at $29 a share. Bending Spoons stock jumped 41% on the day the new investment was disclosed, CNBC reported , then fell 15.6% on Friday, The Inference reported.…