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Deezer To Go Public Via Merger With SPAC In France
by Charese Frugé
April 18, 2022 at 11:14 AM (PT)
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MUSICBUSINESS WORLDWIDE is confirming that streaming company DEEZER has reached a definitive agreement to combine its business with I2PO, a Special Purpose Acquisition Company (SPAC) based in FRANCE. As a result, DEEZER will publicly list on the EURONEXT PARIS, seven years after its last attempt at an IPO failed.
After the merger is completed, the combined company will benefit from the cash currently held by I2PO, in addition to cash raised through a PIPE (Private Investment in Public Equity).Click here to read details of the deal.

