AMC Entertainment Holdings has completed its previously disclosed at-the-market equity offering, raising approximately $250 million in new equity capital before commissions and fees. The offering, launched on March 28, 2024, involved the sale of 72.5 million shares at an average price of $3.45 per share. This move has caused AMC's stock to surge, with a pre-market increase of 149%, up 100% pre-market to $10.388 bid.
AMC DILUTION $AMC on Monday completed its previously disclosed “at-the-market” equity offering launched on March 28th, AMC raised ~$250M of new equity capital through the sale of 72.5M shares, before commissions and fees, at an average price of ~$3.45 per share. https://t.co/W1mcj3PX8t
AMC Entertainment Holdings has successfully completed its “at-the-market” equity offering, raising approximately $250M through the sale of 72.5 million shares at an average price of $3.45 per share. $AMC: +149% Pre-Market https://t.co/J7wHwBNhXJ
$AMC up 100% pre-market to $10.388 bid. Yesterday, AMC completed its previously disclosed “at-the-market” equity offering launched on March 28, 2024, raising $250MM through the sale of 72.5MM shares at an average price of approximately $3.45/share. Ouch. https://t.co/YxzUrXUJdV
$AMC ❖ AMC ENTERTAINMENT COMPLETES AT-THE-MARKET EQUITY OFFERING, RAISING $250M IN NEW EQUITY
$AMC just announced $250M secondary share offering. $GME is next any minute.
$AMC | On May 13, 2024, AMC Entertainment Completed Its Previously Disclosed At-the-market" Equity Offering Launched On March 28, 2024. Raising ~$250M Of New Equity Capital Through The Sale Of 72.5M At Average Price Of ~$3.45/Share
🚨BREAKING NEWS: $AMC offering is now complete! New 8-K filed this morning #AMC raised in aggregate approximately $250 million of new equity capital through the sale of 72.5 million shares, before commissions and fees, at an average price of approximately $3.45 per share. https://t.co/FdHoL2qWYD