PB: European VC valuations unbowed
PITCHBOOK writes: European VC valuations largely survive 2023’s corrections Europe’s venture market saw many valuation corrections ...
PITCHBOOK reports:
Lukewarm SPAC market’s fate is intertwined with IPOs
It’s clear now that modern reverse mergers between SPACs and low-revenue, high-growth companies are faring about the same as the IPO market: not well. That’s largely due to the volatile public markets. PitchBook’s VC-backed IPO and deSPAC indexes have each posted losses of more than 45% YTD. But interest from shareholders has also waned as they seek to de-risk their portfolios, and that sentiment led only 35 new SPAC vehicles to list on public exchanges during the third quarter.
In our latest analyst note, the Q3 2022 SPAC Market Update, Cameron Stanfill posits that the dropping activity levels in Q3 may have sounded the death knell of the SPAC renaissance.
TO download the full report, please click here.
Table of contents
Introduction | 1 |
Market performance | 2 |
DeSPAC activity | 3 |
SPAC IPO activity | 5 |
What now? | 6 |
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
FAK rate hikes holding, with strong demand into peak season predicted
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article