Fundnel Spotlight • 31 May 2022
[IN FOCUS] US stocks enter bear market, secondaries markets witness resurgence of activity, Didi Global gets a nod from its shareholders to delist from NYSE. Catch your bi-weekly updates from the private capital markets...
[IN FOCUS] US stocks enter bear market, Elon Musk expected to re-negotiate a lower buyout price by as much as 25%, Didi Global gets a nod from its shareholders to delist from NYSE. Catch all this and more in Fundnel Private Capital Markets Bi-weekly Updates.
✨ US stocks entered a bear market after S&P500 and DJIA decline 20% from their peaks on 20 May. Rising inflation, quantitative tightening by Fed and supply chain disruption exacerbated by COVID-19 lockdowns and the Ukraine war are among the top concerns on investors' minds.
✨ Didi Global’s shareholders approved its plan to delist from NYSE. Didi’s shares will stop trading ten days after it files its delisting notification on or after 2 June.
✨ Elon Musk expected to re-negotiate a lower buyout price by as much as 25%.
👉 Catch the full story, view Fundnel's Private Capital Markets Bi-weekly Updates.
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✨ About: Fundnel's bi-weekly Private Capital Markets updates provide accredited investors in the Fundnel network a better understanding of the relevant macroeconomic trends driving private investments in the region, so they can navigate the evolving market with dexterity and ease.
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