AMC Entertainment Holdings Inc - Ordinary Shares - Class A

NYSE:AMC   3:59:59 PM EDT
13.92
+0.94 (+7.24%)
5:25:17 PM EDT: $14.21 +0.29 (+2.08%)
Regulatory, Equity Financing / Related

AMC Entertainment Holdings Says On Dec 10 Co Entered Into Commitment Letter With Mudrick Capital Management LP - SEC Filing

Published: 12/11/2020 11:29 GMT
AMC Entertainment Holdings Inc - Ordinary Shares - Class A (AMC) - Amc Entertainment Holdings Says on Dec 10 Co Entered Into Commitment Letter With Mudrick Capital Management Lp - Sec Filing.
Amc Entertainment Holdings Says Committed to Issue Aggregate of 21.98 Million Shares of Co's Class A Common Stock in Private Placement.
Amc Entertainment Holdings - Estimates Cash and Cash Equivalents at Nov 30, Amounted to About $320 Million, Compared to $417.9 Million at Sept 30.
Amc Entertainment Holdings - in the Absence of Additional Liquidity, Co Anticipates That Existing Cash Resources Will Be Depleted During January 2021.
Amc Entertainment Holdings - to Remain Viable Through 2021, Currently Estimates to Require at Least About $750 Million of Additional Liquidity.
Amc Entertainment Holdings - Intends to Pursue an At-the-market Program That Includes Up to About 178.0 Million Shares.
Amc Entertainment-given Uncertainty on Ability to Raise Additional Liquidity, Substantial Doubt Exists About Co's Ability to Continue As Going Concern.
Amc Entertainment Holdings - in Discussions Regarding Potential Financing Alternatives for International Businesses, Relying on Permitted Borrowing Capacity.
Amc Entertainment - As of Nov 30, Co Was Operating at 404 of 594 U.S. Theatres, With Limited Seating Capacities and During Limited Opening Hours.
Amc Entertainment - As of Nov 30, Co Was Operating at 108 of Its 359 Leased and Partnership International Theatres.