Why the SPAC Boom Fizzled | WSJ What Went Wrong

Описание к видео Why the SPAC Boom Fizzled | WSJ What Went Wrong

In March 2021, special-purpose acquisition companies raised $36 billion. In July 2022, no new SPACs raised money.

At their peak, SPACs accounted for 70% of all IPOs, with $95 billion raised. But now, the market has dried up and shares of companies that did SPAC deals have crashed. WSJ explains the decline of the IPO vehicle.

Illustration: Ali Larkin

What Went Wrong explores the challenging conditions and decisions that led to a company's downturn.

#WSJ #SPACs #IPO

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