AMC ENTERTAINMENT HOLDINGS, INC. - AMC STOCK NEWS

AMC Entertainment Holdings has launched AMC Investor Connect, a communication initiative aimed at its 3 million retail shareholders. The platform allows direct interaction with shareholders, providing updates and special offers, such as a free large popcorn for the first movie visit. CEO Adam Aron emphasized the importance of engaging with AMC’s investors, who own over 80% of the company. The initiative coincides with the upcoming annual shareholder meeting on July 29, 2021, with the preliminary proxy statement expected to be filed on June 3, 2021.

AMC Entertainment announced an agreement to raise $230.5 million through the sale of 8.5 million shares of Class A Common stock at approximately $27.12 per share to Mudrick Capital. The proceeds will be used for acquiring additional theatre leases and enhancing existing theatres. CEO Adam Aron stated that this funding allows AMC to pursue valuable theatre assets aggressively. He emphasized that this equity raise represents less than 1.7% of issued share capital, providing substantial liquidity to take advantage of upcoming market opportunities.

The Metropolitan Opera premiered Yannick: An Artist's Journey, a documentary by Susan Froemke, chronicling Yannick Nézet-Séguin's rise to the Met's Music Director. The film showcases his journey through home videos and rehearsals, highlighting his first performances in the 2018–19 season. The documentary will screen in over 600 U.S. cinemas on July 7, 2021, along with the Summer Encore series featuring operas like Porgy and Bess, Carmen, and Tosca. Tickets are available at FathomEvents.com.

AMC Entertainment has announced the sale of most of its shares by its largest shareholder, the Wanda Group, via open market trading on the NYSE. Wanda, who acquired AMC in 2012 and took it public in 2013, remains a key partner through a strategy agreement for mutual benefit. AMC CEO Adam Aron praised Wanda's support over nearly a decade, highlighting their role in making AMC the top movie theater operator globally. Following this sale, two Wanda representatives are expected to resign from AMC's Board of Directors.

AMC Entertainment Holdings has completed its 43 million share at-the-market equity program, raising approximately $428 million before fees, at an average price of $9.94 per share. CEO Adam Aron stated that this capital raise will enhance AMC's liquidity, enabling the company to better face challenges and seize opportunities. AMC operates roughly 950 theatres and 10,500 screens globally, maintaining its status as the largest movie exhibition company in the U.S., Europe, and worldwide.

AMC Entertainment Holdings reported its first-quarter results for the period ending March 31, 2021. The company is the largest cinema exhibitor globally, operating around 950 theatres with over 10,500 screens. In an effort to engage audiences, AMC has introduced innovations such as power-recliner seats and enhanced food options. Additionally, AMC provides loyalty programs and premium large format experiences to attract customers.

To discuss these results, AMC will host a live webcast on May 6, 2021, at 4:00 p.m. CDT.

AMC Entertainment Holdings, Inc. has postponed its 2021 Annual Meeting of Stockholders to July 29, 2021, allowing shareholders more time to participate. A new record date of June 2, 2021, has been set for those eligible to vote. The rescheduling aims to ensure that individual shareholders can submit their votes on key matters. AMC will send a new notice to stockholders of the record date who will need to resubmit their ballots. This PR also emphasizes the importance of reviewing the proxy statement filed with the SEC prior to voting.

AMC Entertainment Holdings, Inc. (NYSE: AMC) will report its Q1 2021 results on May 6, 2021, after market close. A live webcast for investors will be held at 4:00 p.m. CDT/5:00 p.m. EDT on the same day, available through AMC's Investor Relations website. AMC operates approximately 950 theatres and over 10,500 screens globally, promoting innovations like power-recliner seating and enhanced food and beverage options. Investors are encouraged to visit the company’s website for ongoing updates and important information.

AMC Entertainment Holdings, Inc. (NYSE: AMC) has filed a shelf registration with the U.S. Securities and Exchange Commission to issue and sell up to 43 million shares of its Class A Common Stock under an equity offering program. Additionally, AMC's Board of Directors announced it will not pursue stockholder approval to increase its authorized shares by 500 million. CEO Adam Aron stated that the 43 million shares should meet AMC’s liquidity needs for 2021, pending a recovery in theater patronage.