AMC Entertainment Announces Equity Distribution Agreement For Up To $250 Mln Class A Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 28 2024
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Source: Business Insider
- Equity Distribution Agreement: AMC Entertainment Holdings, Inc. has entered an equity distribution agreement with sales agents to offer and sell Class A common stock worth up to $250 million.
- Sales Agents: Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities Inc., and Goldman Sachs & Co. LLC are the sales agents involved in the agreement.
- Stock Sales: The company may sell Class A common stock through these agents, with settlement occurring on the second business day after the sales.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
