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IMAX Announces $250 Million Convertible Notes Sale

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IMAX Announces $250 Million Convertible Notes Sale

Meet Your ETF AI Analyst

IMAX ( (IMAX) ) just unveiled an update.

On November 3, 2025, IMAX Corporation announced the sale of $220 million in 0.750% Convertible Senior Notes due 2030, with an additional $30 million option exercised by initial purchasers, culminating in a total issuance of $250 million. The proceeds, approximately $241.1 million after expenses, will be used for capped call transactions and repurchasing 2026 notes, aiming to manage share dilution and optimize capital structure.

The most recent analyst rating on (IMAX) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on IMAX stock, see the IMAX Stock Forecast page.

Spark’s Take on IMAX Stock

According to Spark, TipRanks’ AI Analyst, IMAX is a Outperform.

IMAX’s strong financial performance and positive earnings call are the most significant factors contributing to its overall score. The company’s strategic growth initiatives and record-breaking results overshadow valuation concerns and mixed technical indicators.

To see Spark’s full report on IMAX stock, click here.

More about IMAX

IMAX Corporation is a Canadian company operating in the entertainment industry, known for its high-resolution cameras, film formats, and theater systems. The company focuses on providing immersive cinematic experiences worldwide.

Average Trading Volume: 1,052,015

Technical Sentiment Signal: Buy

Current Market Cap: $1.75B

For detailed information about IMAX stock, go to TipRanks’ Stock Analysis page.

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