AMC Raised About $250M of New Equity Capital in ATM Offering

May 14, 2024, 10:19 AM UTC

AMC Entertainment Holdings completed its previously disclosed “at-the-market” equity offering launched on March 28 and raised about $250 million of new equity capital.

  • Sold 72.5 million shares, before commissions and fees, at an average price of approximately $3.45 per share
  • NOTE: March 28, AMC Entertainment May Sell From Time to Time Up to $250m Stock
  • AMC is up about 54% in premarket trading

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Ilya Banares in Toronto at ibanares@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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