$AMC The fun will start later , as brokers scramble to find $APE units , the extent of demand could cause $APE to squeeze , taking $AMC up with it , CEO Adam Aron is genius , the plan is amazing , $AMC
Blindly fear dilution? You miss crucial FACTS. In Jan β21 AMC issued shares, AMC share price soared. May/June β21 more AMC shares, again our stock soared. Stopped selling shares July β21, $AMC started a long fall. APEs announced last week, $AMC up again. APEs makes AMC stronger.
As for U.S. income taxes, this all should be tax free to you. There is no tax owed on the APE when you get it. If/when you sell it, our understanding is that for short term/long term purposes, the acquisition date of your APE is the same date as with the corresponding AMC share.
Oh and while I am on a roll this lovely Saturday. There is absolutely NO DILUTION in this initial stock dividend payout on August 19. That is because initially all these APEβs go, and only go, to our current shareholder base. You own the same percentage of AMC before and after.
AMC announced a special dividend of 1 AMC Pf. Equity unit (symbol APE) for each share of AMC common stock outstanding at close of business on Aug. 15. The dividend is expected to be paid at the close of business on Aug. 19. This is not a cash dividend.
To sum it up, the creation of APEs should help clarify for you who is in our current shareholder base and how many company issued shares there are. Beyond that, though, we believe APES should let AMC raise capital, pay debt and do more. Not good news for the doubters. #Checkmate
Hate being silent on Twitter but can't speak freely so I started a new Twitter account where I'll just talk to... no one. That's how I've been using Twitter for over a decade. #freeing Exciting week ahead. #SHIB