Published on 22 Dec 2022 on MarketWatch
The window for initial public offerings slammed shut in 2022, and experts are unwilling to bet on a swift reopening.
Following, or SPACs, and easy money, the 2022 market cooled in a big way. The SPAC craze waned as the blank-check companies had difficulty finding suitable merger targets, while companies that considered traditional IPO debuts largely headed into hibernation.