The IPO market is seeing a dramatic slowdown after reaching new heights in 2021. This year there have been about 80% fewer IPOs compared to the same period last year. The SPAC market is also taking a sharp turn as fears of rising rates dent the appeal to bring private companies public. The first quarter of 2022 saw the lowest amount of completed acquisitions since the back half of 2020, according to Pitchbook. Many highly-anticipated SPACs, like SeatGeek and Forbes, have fallen apart- each citing volatile market conditions. John Jannarone, Editor-in-Chief at IPO Edge, what this means for companies looking to go public, and whether or not we'll see activity return to 2021 levels.