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MultiCorp International, Inc.

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MultiCorp International (OTC: MCIC) has announced receiving bank confirmation for $25 million in available funds from Neoforma Inc., following the deposit and clearance of 40 Brightwater 's foreign currency.

The funds will be allocated to cover various operational expenses, including legal services, auditors, market makers, new board members and executive team, PR/IR services, and social media awareness initiatives.

The company also referenced an imminent $50 million loan from Edwards Capital N.A. 's correspondent bank, previously announced on March 14, 2025. Once this loan closes, the short-term debt funding from Neoforma Inc. will be repaid.

MultiCorp International (OTC: MCIC) ha annunciato di aver ricevuto la conferma bancaria per 25 milioni di dollari in fondi disponibili da Neoforma Inc., a seguito del deposito e della clearance di 40 valute estere di Brightwater.

I fondi saranno destinati a coprire varie spese operative, tra cui servizi legali, revisori, market maker, nuovi membri del consiglio e team esecutivo, servizi di PR/IR e iniziative di sensibilizzazione sui social media.

La società ha inoltre menzionato un imminente prestito di 50 milioni di dollari dalla banca corrispondente di Edwards Capital N.A., precedentemente annunciato il 14 marzo 2025. Una volta chiuso questo prestito, il finanziamento del debito a breve termine da Neoforma Inc. sarà rimborsato.

MultiCorp International (OTC: MCIC) ha anunciado que ha recibido la confirmación bancaria de 25 millones de dólares en fondos disponibles de Neoforma Inc., tras el depósito y la autorización de 40 divisas extranjeras de Brightwater.

Los fondos se destinarán a cubrir varios gastos operativos, incluidos servicios legales, auditores, creadores de mercado, nuevos miembros de la junta y equipo ejecutivo, servicios de PR/IR e iniciativas de concienciación en redes sociales.

La empresa también mencionó un inminente préstamo de 50 millones de dólares del banco corresponsal de Edwards Capital N.A., anunciado anteriormente el 14 de marzo de 2025. Una vez que se cierre este préstamo, se reembolsará el financiamiento de deuda a corto plazo de Neoforma Inc.

MultiCorp International (OTC: MCIC)는 Neoforma Inc.로부터 2,500만 달러의 가용 자금에 대한 은행 확인을 받았다고 발표했습니다. 이는 Brightwater의 외환 40건의 예치 및 결제를 따른 것입니다.

이 자금은 법률 서비스, 감사인, 시장 조성자, 새로운 이사회 구성원 및 경영진, PR/IR 서비스, 소셜 미디어 인식 이니셔티브 등 다양한 운영 비용을 충당하는 데 사용될 예정입니다.

회사는 또한 2025년 3월 14일에 이전에 발표된 Edwards Capital N.A.의 대응 은행으로부터의 5천만 달러 대출이 임박했다고 언급했습니다. 이 대출이 마감되면 Neoforma Inc.의 단기 부채 자금이 상환될 것입니다.

MultiCorp International (OTC: MCIC) a annoncé avoir reçu une confirmation bancaire de 25 millions de dollars en fonds disponibles de Neoforma Inc., suite au dépôt et à la validation de 40 devises étrangères de Brightwater.

Les fonds seront alloués à couvrir diverses dépenses opérationnelles, y compris les services juridiques, les auditeurs, les teneurs de marché, les nouveaux membres du conseil d'administration et l'équipe exécutive, les services de PR/IR et les initiatives de sensibilisation sur les réseaux sociaux.

L'entreprise a également mentionné un prêt imminent de 50 millions de dollars de la banque correspondante d'Edwards Capital N.A., annoncé précédemment le 14 mars 2025. Une fois ce prêt conclu, le financement de la dette à court terme de Neoforma Inc. sera remboursé.

MultiCorp International (OTC: MCIC) hat bekannt gegeben, dass es eine Bankbestätigung über 25 Millionen Dollar an verfügbaren Mitteln von Neoforma Inc. erhalten hat, nachdem 40 ausländische Währungen von Brightwater eingezahlt und freigegeben wurden.

Die Mittel werden verwendet, um verschiedene Betriebskosten zu decken, einschließlich Rechtsdienstleistungen, Wirtschaftsprüfer, Market Maker, neue Vorstandsmitglieder und das Führungsteam, PR/IR-Dienste sowie Initiativen zur Sensibilisierung in sozialen Medien.

Das Unternehmen verwies auch auf ein bevorstehendes Darlehen von 50 Millionen Dollar von der Korrespondenzbank von Edwards Capital N.A., das zuvor am 14. März 2025 angekündigt wurde. Sobald dieses Darlehen abgeschlossen ist, wird die kurzfristige Schuldenfinanzierung von Neoforma Inc. zurückgezahlt.

Positive
  • Secured $25 million in available funding from Neoforma Inc.
  • Imminent $50 million loan from Edwards Capital N.A.
  • Plans to strengthen organizational infrastructure with new board and executive team
Negative
  • Current reliance on short-term debt funding
  • Funding contingent on foreign currency clearance
  • Multiple pending financial arrangements creating execution risk

AGOURA HILLS, CALIFORNIA, March 17, 2025 (GLOBE NEWSWIRE) -- MultiCorp International, Inc. (OTC Markets PINK: MCIC) MultiCorp International, Inc. is pleased to announce the receipt of a bank confirmation for available funds ready for transfer in the amount of $25,000,000 (twenty-five million USD) from Neoforma Inc., post deposit and clearance of 40 Brightwater LLC's accepted foreign currency into Neoforma Inc's Bank's FOREX account.

These funds will provide MultiCorp International, Inc. with the ability to cover expenses for legal services, auditors, market makers, a new board of directors and executive team, PR/IR firm, and a social media awareness group.

Immediately after closing the initial $50,000,000 (fifty million USD) loan from Edwards Capital N.A. LLC's correspondent bank, the short-term debt funding by Neoforma Inc. shall be repaid. The loan announced on March 14, 2025, is imminent.

About MultiCorp International Inc.:

(https://multicorpinternational.com/)

MultiCorp International, Inc., a diversified leader in health, energy, and agriculture, announces a series of strategic initiatives aimed at accelerating its growth and expanding its market presence. The company is actively pursuing joint ventures and acquisitions, is fortifying its organizational infrastructure, and is preparing for significant advancements in the stock market.

About Neoforma Inc.:

www.neoforma.co

Neoforma Inc. is a Minnesota based privately held corporation and a global leader in Software & Technology. The company has now diversified into International Finance including Private Equity and has operation globally, including India, UAE, UK, Mexico and the United States and serves clients globally. Its client base includes numerous global corporations as well as Government entities.

About Edwards Capital N.A. LLC:

(https://www.edwardscapital.ca/)

Edwards Capital is a private Family Office focused on comprehensive, proactive, and robust solutions in the enhancement of private wealth based on strategic initiatives in and approaches to specific asset classes and financial markets. The Office is dedicated to pursuing optimal bespoke solutions to achieve the best outcomes with consistent results.

About 40 Brightwater LLC:

40 Brightwater LLC is a private holding company focusing specifically on acquiring private entities and merging its holdings with public companies by leveraging its financial network and resources through its Managing Member, President & CEO Shannon Newby.

Disclaimer: This press release does not constitute an offer to sell or solicit an offer to buy, nor will there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful before registration or qualification under applicable securities laws. Any offer will be made only through a prospectus supplement and accompanying base prospectus as part of an effective registration statement.

Contact Information: J. A. Coleman, J.a.coleman1512@gmail.com.

This press release is for informational purposes only and should not be considered investment advice or a solicitation to purchase securities. Forward-looking statements are not guarantees of future performance. These statements are based on current expectations and could differ materially from actual events


FAQ

What is the amount of funding MultiCorp International (MCIC) secured from Neoforma Inc?

MultiCorp International secured $25 million in available funds from Neoforma Inc., pending foreign currency clearance.

How will MCIC use the $25 million funding from Neoforma?

The funds will cover expenses for legal services, auditors, market makers, new board of directors, executive team, PR/IR firm, and social media awareness initiatives.

When will MCIC repay the Neoforma funding?

The Neoforma funding will be repaid immediately after closing the $50 million loan from Edwards Capital N.A. 's correspondent bank.

What is the status of MCIC's $50 million loan announced on March 14, 2025?

The $50 million loan from Edwards Capital N.A. 's correspondent bank is described as imminent.
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12.47M
1.31B
Drug Manufacturers - Specialty & Generic
Healthcare
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United States
Agoura Hills