AMC Files 8-K on Unregistered Equity Sales

TL;DR

AMC sold unregistered equity, potentially diluting shares.

AI Summary

On May 14, 2024, AMC Entertainment Holdings, Inc. filed an 8-K report detailing the unregistered sale of equity securities. The filing indicates a transaction involving the issuance of shares, though specific details on the number of shares and the price per share are not immediately available in this excerpt. This filing is a standard disclosure for significant corporate events.

Why It Matters

This filing signals a potential dilution of existing shares or a capital raise for AMC, which could impact its financial structure and stock value.

Risk Assessment

Risk Level: medium — Unregistered equity sales can indicate financial distress or a need for capital, potentially leading to share dilution and impacting existing shareholders.

Key Players & Entities

• AMC ENTERTAINMENT HOLDINGS, INC. (company) — Registrant
• May 14, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of Incorporation
• 001-33892 (identifier) — Commission File Number
• 26-0303916 (identifier) — I.R.S. Employer Identification Number
• One AMC Way 11500 Ash Street, Leawood, KS 66211 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.01 — mpany's Class A common stock, par value $0.01 per share (the "Common Stock") in excha
• $163,850,000 — re (the "Common Stock") in exchange for $163,850,000 aggregate principal amount of its 10%/1
• $6,872,597 — gregate principal amount exchanged plus $6,872,597 aggregate accrued interest thereon thro
• $7.33 — on Stock issued had an implied value of $7.33 per share. Pursuant to Section 3(a)(9)

Filing Documents

• tm2414552d1_8k.htm (8-K) — 27KB
• 0001104659-24-061550.txt ( ) — 197KB
• amch-20240514.xsd (EX-101.SCH) — 3KB
• amch-20240514_lab.xml (EX-101.LAB) — 33KB
• amch-20240514_pre.xml (EX-101.PRE) — 22KB
• tm2414552d1_8k_htm.xml (XML) — 4KB

02 Unregistered Sales of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities On May 14, 2024, AMC Entertainment Holdings, Inc. (the "Company") entered into privately negotiated exchange agreements, under which it will issue an aggregate of 23,280,295 shares of the Company's Class A common stock, par value $0.01 per share (the "Common Stock") in exchange for $163,850,000 aggregate principal amount of its 10%/12% Cash/PIK Toggle Second Lien Subordinated Notes due 2026 (the "Exchange Transactions"). The Company may engage in similar transactions in the future but is under no obligation to do so. Based on the aggregate principal amount exchanged plus $6,872,597 aggregate accrued interest thereon through the relevant date of exchange, the Common Stock issued had an implied value of $7.33 per share. Pursuant to Section 3(a)(9) of the Securities Act of 1933, as amended (the "Securities Act"), the Common Stock issued in the Exchange Transactions were issued in each case to existing security holders of the Company exclusively in exchange for such holders' securities and no commission or other remuneration was paid or given for soliciting the exchange. Other exemptions may apply.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description of Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMC ENTERTAINMENT HOLDINGS, INC. Date: May 15, 2024 By: /s/ Kevin M. Connor Name: Kevin M. Connor Title: Senior Vice President, General Counsel and Secretary 3