Market Mover | AMC Slumps 13% After the Company Announces Stock Sale
Market Mover | AMC Slumps 13% After the Company Announces Stock Sale
Mar 28, 2024 - $AMC Entertainment (AMC.US)$ shares fell %13.57 to $3.751 intraday on Thursday.
2024 年 3 月 28 日- $AMC院线 (AMC.US)$ 周四盘中股价下跌13.57％，至3.751美元。
Today, AMC announced an "at-the-market offering program". According to this filing, AMC entered into an equity distribution agreement to sell up to $250 million of its common stock from time to time in an at-the-market offering. AMC intends to use the net proceeds to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness and for general corporate purposes.
今天，AMC宣布了一项 “市场发行计划”。根据这份文件，AMC签订了一项股权分配协议，不时通过市场发行出售高达2.5亿美元的普通股。AMC打算将净收益用于增加流动性，用于偿还、再融资、赎回或回购其现有债务，以及用于一般公司用途。
The company said: "the offering is being conducted to enhance the Company’s liquidity in light of the low first quarter box office, resulting in part as previously disclosed from the Writers Guild of America strike and the Screen Actors Guild-American Federation of Television and Radio Artists strike that occurred during 2023, increased seasonal working capital requirements, and the resulting cash burn that the company has experienced."
该公司表示：“鉴于第一季度票房低迷，进行此次发行是为了增强公司的流动性，部分原因是先前披露的美国作家协会罢工和2023年美国电影演员协会-美国电视广播艺术家联合会罢工，季节性营运资金需求增加，以及由此产生的公司现金消耗。”