AMC Entertainment (AMC) Completes At the Market Equity Program at Average Price of $4.81/Share

January 27, 2021 12:39 PM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

AMC Entertainment Holdings, Inc. (NYSE: AMC) announced today that it has completed its previously announced at-the-market equity program.

In its 8-K filing with the U.S. Securities and Exchange Commission on January 25, 2021, AMC announced entry into an equity distribution agreement with respect to an additional at-the-market equity program relating to 50 million shares of its Class A common stock.

That program has now been completed. Together with the remaining shares under a prior program, since the Company’s January 25, 2021 announcement, the Company has sold in aggregate 63.3 million additional shares of its Class A common stock for additional proceeds of $304.8 million.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Equity Offerings, Momentum Movers, Trader Talk