Ari Blaut, Audra Cohen and Lindsey Meyer Co-author Lexis Practice Advisor Article on PIPEsMay 7, 2021
Ari Blaut, Audra Cohen and Lindsey Meyer co-authored an article for Lexis Practice Advisor titled “Market Trends 2020/21: PIPEs.” The article explores trends in the private investments in public equity (PIPE) market in 2020 and the market outlook for 2021. The authors note that the market for PIPEs in the United States saw an increase in both the number of deals and total dollar volume of deals that closed in 2020 compared to 2019.
“The volatility of the capital markets, tightening credit markets, uncertain outlook for stability, and loss of cash flow experienced by many companies at the outset of the COVID-19 pandemic contributed to the increase in PIPE activity in 2020 similar to the rise in PIPE activity following the 2008 financial crisis,” the authors write. To read more, click here.