AMC files prospectus supplement for resale of 15,378,194 AMC shares

Reuters
Mar 24
AMC files prospectus supplement for resale of 15,378,194 AMC shares
  • AMC filed a prospectus supplement registering the resale of up to 15,378,194 shares of Class A common stock by selling stockholders.
  • The shares were issued as consent fees tied to amendments to indentures governing Muvico’s 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030 and Senior Secured Exchangeable Notes due 2030.
  • The company said it will not receive any proceeds from the selling stockholders’ sale of the shares.
  • AMC stated the issuance of the shares was exempt from registration under Section 4(a)(2) of the Securities Act.


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