Davis Polk advised the financial advisers to Spotify Technology S.A. in connection with Spotify’s direct listing of its ordinary shares on the New York Stock Exchange. The ordinary shares are listed under the symbol “SPOT.”

Based in Stockholm, Sweden, Spotify is the world’s largest music streaming subscription service with a community of 157 million users, including 71 million Spotify Premium subscribers, across 65 markets worldwide.

The Davis Polk corporate team included partners Richard D. Truesdell Jr. and Marcel Fausten and associate Brian Fox. Counsel Matthew J. Bacal and associate Christopher C. Woller provided intellectual property and technology advice. Partner David H. Schnabel and associate Liang Zhang provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the New York office.

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