After a stellar performance last year, SPAC IPO volume and broader equity capital markets issuance waned in Q1 2022. Market volatility, inflation, and contractionary monetary policies had an adverse impact on this activity.
As a result of the market headwinds, SPAC IPO prospects were tempered in the first quarter of 2022, resulting in only 91 completed SPAC IPOs and a total of $11 billion of raised capital.
The volume of equity capital raised in Q1 totaled 1,019 offerings (50% lower than the same quarter last year) and $90 billion (68% lower) of total gross proceeds.
Click here to access our complete infographic that includes additional data visualizations on the largest SPAC and non-SPAC IPOs issued in Q1 2022, SPACs receiving private investment in public equity, and global equity capital markets issuance by type, region, and sector.
Learn More About Market Headwinds Push SPAC & Equity Issuance Lower in Q1 2022Click Here
Investments banks have been laser focused on the potential risks of inflation, supply shortages, and the implications of COVID-19.
Expand Your Perspective: Capital Markets