The first week of the second half of 2022 looked a lot like the first half, with deals on the slower side and a lack of action around SPACs, SPAC mergers and IPOs. 

There were four deals over $1 billion announced last week and one SPAC merger. There were no new SPACs reported to the SEC, as there were no IPOs registered. Amid a lack of blockbuster transactions, the apparently collapsed deal between Twitter and Elon Musk took center stage.