AMC Looks to Issue 25 Million More Shares

AMC Entertainment Holdings Inc. is looking to potentially expand its footprint on Wall Street amidst the entertainment titan’s massive stock gains. The movie theatre chain’s stock price is up more than 2,000% this year. Watch below as Bloomberg’s Juliette Saly provides additional insight into AMC’s current state.

 

 

The proposal will be submitted to shareholders at an annual meeting on July 29th.

Host: AMC, then jills wants to capitalize on the recent rally by issuing new shares, I mean, I guess if you’re the management of this business. And that you’re in a business that maybe needs some investments, that you maybe don’t ask too many questions about why your stock is rallying and just take the opportunity.

Saly: Strike while the iron is hot, and indeed they’ve raised $800 million in this a frenzy this week, and now AMC wants to issue 25 million more shares. Importantly, though, they say that they will not do that this year. Now, they’ve issued a regulatory filing for this plan to issue new shares at today’s prices. They’d be valued at $1.3 billion. And the proposal will be put to shareholders at an annual meeting on July 29th. Now, in a YouTube video, the company’s CEO, has said proceeds from this equity sale, if approved, would be to use to reduce debt, help the company negotiate with landlords who are owed some $400 million and to, quote, chase acquisitions hard.

Now, this is a major retreat from when they wanted to issue 500 million new shares earlier in the week. And they didn’t ever earlier in the year, I should say. They never got that to shareholders because they realized that that would be rejected. We are starting to see some bearish signals emerge. We saw, as you mentioned, AMC shares falling post trading and also looking at Germany’s trade gate. AMC Entertainment down some 13% from the closing price on Wall Street on Thursday at 36.78 euros or 44.54 in the US dollar terms. So that’s a drop of about 13% showing some of these bearish signals.

Host: And Julia, what’s this? I’m hearing about retail traders in Asia also want in on this volatile action.

Saly: Yeah, nothing like a bit of FOMO with in particular interest coming through in India and South Korea on trading platforms for investors in these two nations that have access to us stocks, in particular in India, we’ve seen EMC among the five most traded stocks on two of their platforms, which is vested finance and Stoeckle. In fact AMC has accounted for 14% of all trades. So that’s more than Tesla, Shopify and Facebook. And then over in South Korea, we’ve seen investors buy $225 million worth of AMC shares this week. That’s about three times the amount on Tesla and a popular online forum among Korean investors. So it’s similar to a Reddit type forum discussing the prospect for AMC and what could be the next meme stock and they are suggesting Blackberry.

*Bloomberg contributed to this content

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

DXpedition
Icom Powers 3Y0K : Ham Radio’s Most Ambitious DXpedition to Remote Bouvet Island Part 1
July 11, 2025

Bouvet Island sits at the edge of the world. It is frozen, uninhabited, and almost impossible to access. Fewer people have set foot there than in space. That level of remoteness is exactly what makes it so valuable to amateur radio operators. The island ranks tenth on ClubLog’s list of Most Wanted DXCC entities,…

Read More
entrepreneurial success
The Hidden Key to Entrepreneurial Success: Build Momentum Through Personal Branding and Authentic Networking
July 10, 2025

What if the biggest pivot of your career started with a conversation?  In this episode of Professional Quotient, host Jason Winningham welcomes Fanny Dunagan, CEO and Content Strategist of PathLynks, LLC. Fanny shares her journey from high-pressure consulting in Singapore to founding her own media and branding company — and why learning to network…

Read More
Q2 2025
RM Q2 2025 Wrap Up
July 9, 2025

Rogue Marketing continues to lead with intention in a space often driven by noise. Q2 2025 reflected a strategic focus on substance, where each initiative supported long-term brand growth. The team transformed internal recognition efforts into enduring brand assets and refined event strategies through immersive, results-driven experiences. Website launches during the quarter balanced visual…

Read More
amateur radios
Hamvention Spotlight: Emergency Preparedness Led PrepHam Paul to Amateur Radios and a Rising Voice in the Field
July 9, 2025

PrepHam Paul (K5VLP) celebrated his first visit to Dayton Hamvention by marking a major channel milestone. He hosted a giveaway of the  IC-2370B mobile radio from Icom to thank viewers for helping him reach 10,000 subscribers. His passion for emergency preparedness, rooted in his experience as an Eagle Scout and later studies in emergency management,…

Read More