AMC Entertainment Holdings, Inc. Successfully Completes At-the-Market Equity Offering, Raising More Than $325 Million, Substantially Increasing Its Financial Resilience
- AMC raised approximately $325.5 million of new equity capital through the sale of 40 million shares at an average price of $8.14 per share, significantly boosting cash reserves and fortifying the balance sheet.
- The completion of the equity offering allows AMC to continue its successful recovery and capitalize on opportunities to strengthen its balance sheet.
- None.
The completion of this ATM equity offering significantly boosts AMC's cash reserves, addresses current liquidity concerns, and fortifies the balance sheet. When coupled with the third quarter to-date
Commenting on the capital raise, AMC President and CEO Adam Aron said, “The successful completion of this equity offering marks another significant milestone for AMC. Raising more than
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in
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Category: Company Release
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Source: AMC Entertainment Holdings, Inc.
