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AMC Entertainment (AMC) has shared an announcement.
AMC Entertainment Holdings, Inc. successfully concluded its “at-the-market” equity offering, raising $250 million by selling 72.5 million shares at an average price of $3.45 per share. This significant infusion of new equity capital, completed on May 13, 2024, bolsters AMC’s financial position without being subject to the liabilities of certain securities regulations.
Learn more about AMC stock on TipRanks’ Stock Analysis page.