Which company is merging with a Paris listed SPAC to go public?

Deezer is merging with a Paris-listed SPAC to go public, which aligns with the current trend of companies exploring alternative routes to initial public offerings (IPOs) through mergers with Special Purpose Acquisition Companies (SPACs). This method allows Deezer to access public markets while potentially leveraging the SPAC's established listing status.

Moreover, the choice of a Paris-listed SPAC reflects Deezer's strategy to maintain a strong European presence, as the company originated and operates in Europe. The decision to merge with a SPAC rather than pursuing a traditional IPO can often be motivated by the desire for a faster and less complex route to becoming publicly traded. Deezer's move signifies confidence in its platform and growth potential in the competitive streaming industry.

In contrast, Spotify and Apple are already public companies and thus not candidates for merging with a SPAC to go public. Similarly, Piedmont Lithium's focus on lithium production and development means that its objectives and strategic decisions diverge from those typically associated with a media and streaming service like Deezer.