AMC enters ATM equity agreement to sell up to 40M shares

AMC ENTERTAINMENT HOLDINGS, INC.

Up to 40,000,000 shares of Class A common stock may be sold through at-the-market program.
Sales agents: Citigroup, Barclays, B. Riley, Goldman Sachs; commission up to 2.5%.
Proceeds: bolster liquidity, repay/refinance/repurchase debt, general corporate purposes.
Company not obligated to sell any shares; may suspend or terminate at any time.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

AMC ENTERTAINMENT HOLDINGS, INC. entered into Equity Distribution Agreement with Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities, Inc., and Goldman Sachs & Co. LLC valued at up to 40,000,000 shares of Class A common stock (effective 2023-09-06).

Action: entry
Agreement: atm program
Counterparty: Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities, Inc., and Goldman Sachs & Co. LLC
Value: up to 40,000,000 shares of Class A common stock
Effective: 2023-09-06

Exact text from the filing

On September 6, 2023, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities, Inc., and Goldman Sachs & Co. LLC as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 40,000,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), from time to time, through an “at-the-market” offering program.

View on SEC.gov

623 material agreements filed in the last 30 days. Browse all material agreements →

AMC ENTERTAINMENT HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-098516

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.