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AMC Entertainment to Raise up to $844 Million to Stay Afloat During Pandemic

03.12.2020 - 19:29

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variety.com

variety.com:

Dave McNary Film ReporterAMC Entertainment Holdings has filed to raise up to $844 million by selling stock as the exhibitor struggles to stay afloat during the COVID-19 pandemic.The S-3 filing with the Securities and Exchange Commission said AMC plans to sell up to 200 shares at an estimated offering price of $4.22 per share, based on trading Nov.

30. Shares were down 15 cents to $4.17 in early trading on the New York Stock Exchange.It’s the fourth time since September that AMC has announced a stock sale to raise cash.

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on his blog in the hope that it would inspire others to feel they could do the same. He did all this while also home schooling his two sons. His partner Samantha, who nominated him as her Covid Hero, said: "He truly deserves recognition for all the tremendous work he does."I am so proud of him and he is a great role model to so many".Since the start of the Covid-19 pandemic, thousands of Amazon co-workers in fulfilment centres, sort centres and delivery stations across the UK have been working to fulfil customer orders.