India’s Tech IPO Market Thaws Out, Just a Little

After a brutal beginning to 2022, India saw a surprisingly successful listing of a venture-backed startup on the public grants last week. But investors shouldn’t expect healthy animal spirits roaming back into the Indian IPO market just yet. Delhivery, which makes its living doing logistics for other e-commerce firms in India and counts SoftBank, Tiger … Read more

S&P Global Is Worried About Lower Debt Issuance. Why the Market Doesn’t Need To.

Text size Corporate debt outstanding by nonfinancial companies is at an all-time high of nearly $12 trillion today, according to Wells Fargo Spencer Platt/Getty Images S&P Global has a gloomy outlook for the primary corporate debt market, calling conditions “extraordinarily weak.” The credit ratings giant cited deteriorating macroeconomic conditions and market volatility for the rapid … Read more

SeatGeek and Forbes Nix SPAC Deals During Market Pullback

Ticketing platform SeatGeek and media outlet Forbes Global Media Holdings Inc. terminated their mergers with blank-check firms on Wednesday, underscoring the challenges of taking companies public during this year’s stock-market turbulence. SeatGeek and Forbes became the latest companies to end combinations with special-purpose acquisition companies, or SPACs, after many investors soured on the once-hot alternative … Read more