NEW YORK, Jan. 15, 2016 /PRNewswire/ -- The PIPEs Report, a service of The Deal that covers the small-cap equity financing market, has issued a quarterly report showing that for 2015 small-cap equity financing had the second-biggest year so far in terms of dollars raised. The transaction volume of PIPE transactions in 2015 remained constant compared to the same time period in 2014. Data is sourced from PrivateRaise, a service of The Deal that tracks PIPEs that raise at least $1 million.
"The fourth quarter ended the second-biggest dollar year ever for PIPE investing, as the space became increasingly popular to a wider range of companies doing bigger deals," said Paul Springer, senior writer for The PIPEs Report. "The last quarter was part of a serious second-half downtrend likely to continue in early 2016 as energy volatility and China-related economic worries spook the markets. Yet action could pick up again in Q1, making for another robust year of PIPE investing."
Some highlights from the report:
The full report is available online. For more information on The PIPEs Report and PrivateRaise, visit http://www.thedeal.com/the-deal/the-pipes-report and www.privateraise.com.
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