AMC announces: 142,040,030 shares issued to take out the $155.8M in new exchangeable notes from July 2025, at $1.097 exchange rate.
Note: $111M of old exchangeable notes ($5.66 convert) remain.
Adding this to the share count from 4/30 10K/A the new shares outstanding will now be approx 754M.
Will be watching 10-Q filing today for updates on the equity offering status. $AMC #AMC
@Useless_Cog@ChrisAngelini11 is doubling down on stupid and im here to watch. I love seeing baggies crumble when the gravity of the situation finally crushes their hopes and dreams.
Can anyone in the MMTLP cult explain to me the mechanics of how another letter puts money into your bank account? Thank you for your attention to this matter.
$AMC When your "investment" becomes a pagan sacrificial ritual you've lost not only the plot, but your God damn mind as well. I wonder if your families would appreciate the newfound "it's not about the money" sentiment spreading like a wildfire between you apes?
@Useless_Cog I cant wait to see posts of bagholders lashing out at AA after AMC files for chapter 11 and the banks start the repossession of baggy homes after they fail to make mortgage payments.