AGOURA HILLS, CALIFORNIA, Feb. 21, 2025 (GLOBE NEWSWIRE) -- MultiCorp International, Inc. (OTC Markets PINK: MCIC) and 40 Brightwater LLC are pleased to announce their current discussions to purchase an initial $25,000,000 (twenty-five million USD) in Bitcoin utilizing a leveraged buy-out structure funded through Edwards Capital N.A. LLC's correspondent bank loan.
The private equity market will likely drive IPO volumes higher than 2024, but the strength of the PE market could cap the size of deals brought to the market. Activity in the US IPO market started off as a trickle, but a flurry of activity in the last week of January brought the YTD total to $3.6 billion. The weighted average equity price performance of U.S. IPOs by sector shows that every sector was higher on average by day 50 post-issuance, with information technology being the highest at 30.7%.
Private capital – encompassing private equity and private credit – is in the midst of a bit of a renaissance at the moment. IPO activity hit a peak in 2021, the year after the pandemic and then promptly plunged to levels not seen in years.