AMC Entertainment sells majority Hycroft stake for $24.1 million
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- S&P 500 volatile in choppy trading; Mideast deal, SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil falls to near two-month lows as Trump calls off threatened strikes on Iran
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
AMC Entertainment Holdings, Inc. Transfers the Majority of its Equity Investment in Hycroft Mining Holding Corporation to Sprott Mining for a Net Consideration of $24.1 million
December 5, 2025 6:21 PM ESTAMC converted the majority of its Hycroft investment into cash, receiving an amount approximately equal to the original capital invested in the transferred securities. AMC retains both an equity investment and warrants for more than one million shares to participate in the ongoing success of Hycroft. The transaction re-allocates capital towards attractive opportunities in AMCs core theatrical exhibition business. The transaction is expected to generate an accounting profit of approximately $7.9 million in the fourth quarter ending December 31, 2025.
LEAWOOD, Kan.--(BUSINESS WIRE)-- AMC Entertainment... More
