8-K
filed March 15, 2023, 7:59 PM ET
ticker AMC
CIK 0001411579
other material
confidence high
sentiment neutral
materiality 0.65
AMC shareholders approve share increase and 1-for-10 reverse split; court blocks implementation
AMC ENTERTAINMENT HOLDINGS, INC.
- Share increase proposal approved: 978,312,364 for, 124,381,321 against.
- Reverse stock split (1-for-10) approved: 971,127,253 for, 131,959,251 against.
- Delaware Court of Chancery status quo order precludes implementation pending April 27, 2023 hearing.
- Special meeting turnout: 182.3M common shares and 583.3M APEs voted.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
AMC ENTERTAINMENT HOLDINGS, INC. shareholders approved Proposal to amend certificate of incorporation to effectuate a reverse stock split of Common Stock at a ratio of 1-for-10 (Reverse Split Proposal) at the 2023-03-14 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-03-14
Exact text from the filing
Proposal 2: Reverse Split Proposal The Reverse Split Proposal was approved. Type of Securities For Against Abstain Broker Non-Votes Common Stock 128,344,709 51,388,638 2,609,383 0 Preferred Stock: APEs (1) 528,679,900 50,542,176 4,075,245 Depositary Proportional Votes (2) 314,102,644 30,028,437 2,421,210 Total Preferred Stock 842,782,544 80,570,613 6,496,455 Total 971,127,253 131,959,251 9,105,838 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
AMC ENTERTAINMENT HOLDINGS, INC. shareholders approved Proposal to amend certificate of incorporation to increase number of authorized shares of Common Stock (Share Increase Proposal) at the 2023-03-14 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-03-14
Exact text from the filing
Proposal 1: Share Increase Proposal The Share Increase Proposal was approved. Type of Securities For Against Abstain Broker Non-Votes Common Stock 132,182,944 47,356,993 2,802,791 0 Preferred Stock: APEs (1) 530,779,405 48,317,581 4,200,335 Depositary Proportional Votes (2) 315,350,015 28,706,747 2,495,529 Total Preferred Stock 846,129,420 77,024,328 6,695,864 Total 978,312,364 124,381,321 9,498,655 0
View on SEC.gov
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