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From next To make matters worse, the global SPAC market has spent a few years. Empty Czech companies, which later announced plans to merge with a private entity, could provide a quick way for global stock markets. And as we have learned in recent quarters, they can burn the wealth of stockholders and put retail investors at great risk.
The 2020-2021 overseas investor Iblins resulted in SPAC details and, later, mergers. The increase in trafficking in the United States is the result of a series of smoking cessations in public markets. This is not entirely news. TechCrunch has since announced the collapse of the SPAC wave, at least in terms of taking a public part of Unicorn’s backlog. The total cost of startups worth $ 1 billion or more is growing every month, and this trend has not stopped SPACs.
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But while SPAC may be a bad word in the United States today, there is a blank check activity elsewhere. In particular, this week’s SPAC combination competes with Deezer’s European music streaming service, Spotify. Taking the SPAC route by the end of 2022 may seem counter-intuitive, but some regulatory and electoral differences in European public markets have given us a little bit of a taste for the Dieser deal. (The agreement is here for our first reading.)
However, the company lost ground in the early trading sessions, which means that some parts of the SPAC agreement are the same on both sides of the Atlantic. Let’s discuss the end result of the Dieser deal, how fast the IPO market has changed in general, and move on to the European SPAC market during the first demonstration of Dieser.
Deezer SPAC Agreement
According to the company, Dieser has raised 143 million euros in new capital after the merger with the public company I2PO. That figure includes funds provided by the SPAC partner and private funds from public Desser Supporters to PIPE.
According to the company, the new capital will be used to “support the next level of growth.”
The amount of money raised by Dezer may seem like a victory; In 2022, any nine-round victory is a victory, after all. But less than that, Dieser said in a SPAC news release that its IPO partner had “up to 119 million euros” in the “€ 275 million deposit” agreement with the PIPE. So how did Dieser spend just 143 million euros? To specify the companies in question, more or less fees, or funds taken from the agreement by “market shareholders”.
Capital still rose, stocks floated. That victory, yes? In moderation. After trading less than ዩ 10 prior to the merger, Dezer shares were down to ዩ 6 at the time of writing, leaving the music industry to persuade investors to reach the end of the deal. Their feet with the beating.
Global stagnation drowns all ships
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