Layout shell — figures are placeholder, not publishable
AMC
$2.5 -4.94%AMC ENTERTAINMENT HOLDINGS, INC.
Sector: Communication Services Industry: Entertainment Country: U.S Exchange: NYSE
Mkt Cap & EV
2.21B / 9.08B
Float & OS
887.74M / 892.60M
Est. Net Cash/Sh
-7.69
Inst Own
21.9%
AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 1,000 theatres and 11,000 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming.
Overall Risk
Medium
Offering Ability
High
Overhead Supply
Low
Historical
High
Cash Need
Low
Major developments
2024-05-15 $164m debt exchanged for 23.3m shares at $7.33 average.
2024-05-14 March ATM fully utilized. May file another ATM soon to reload.
2023-11-09 $350m ATM filed today.
2023-09-14 Current ATM completed for now. 40m shares issued at $8.14 avg
2023-09-06 40m shares ATM filed
2023-08-24 Conversion closed, 144m shares outstanding now. Likely planning more dilution to shore up liquidity.
2023-08-11 Settlement approved.
2023-07-24 Revised settlement filed on 7/22/2023 pending court approval.
2023-07-21 Update on court ruling: Proposed Settlement is not approved. The parties should confer on and submit a schedule for the remainder of the case, and Plaintiffs should file a consolidated complaint. https://courts.delaware.gov/Opinions/Download.aspx?id=350440
2023-04-06 Court settlement denied. Pending approval again.
2023-04-04 Court case settled, conversion and rs can now proceed.
2023-02-27 Conversion may be delayed due to attempts to stop conversion in court.
2023-02-13 If conversion proposals are approved, APE and AMC will undergo a 10:1 reverse split and 930m APE will be converted into 93m AMC and 517m AMC will turn into 51.7m AMC, for a combined 144.7m AMC shares after conversion.
Historical O/S & potential dilution
1y: +106.1% 5y: +98.2%
03/31/2016 peak 892.60M Current O/S
Cash position
The company is cashflow positive based on quarterly operating cash flow of $53.45M .
Dilution structure
ATM 6
September 2022 CITI ATM (425m units) (0 units remain) Registered
EDGAR ↗
ATM Limited by Baby Shelf No
Agreement Start Date 2022-09-26
Last Update Date 2024-02-28
Placement Agent Citi
Remaining ATM Capacity 0
Remaining Capacity w/o Baby Shelf Restriction 0
Total ATM Capacity 500,000,000
September 2023 ATM (40m shares) Registered
EDGAR ↗
ATM Limited by Baby Shelf No
Agreement Start Date 2023-09-06
Last Update Date 2023-11-09
Placement Agent Citi, Barclays, B Riley, Goldman Sachs
Remaining ATM Capacity 0
Remaining Capacity w/o Baby Shelf Restriction 0
Total ATM Capacity 400,000,000
November 2023 CITI ATM Registered
EDGAR ↗
ATM Limited by Baby Shelf No
Agreement Start Date 2023-11-09
Last Update Date 2024-02-28
Placement Agent Citi, Barclays, B Riley, Goldman Sachs
Remaining ATM Capacity 0
Remaining Capacity w/o Baby Shelf Restriction 0
Total ATM Capacity 350,000,000
March 2024 Citi Barclays B Riley Goldman Sachs ATM Registered
EDGAR ↗
ATM Limited by Baby Shelf No
Agreement Start Date 2024-03-28
Last Update Date 2024-05-14
Placement Agent Citi, Barclays, B Riley, Goldman Sachs
Remaining ATM Capacity 0
Remaining Capacity w/o Baby Shelf Restriction 0
Total ATM Capacity 250,000,000
December 2024 Goldman Sachs ATM Registered
EDGAR ↗
ATM Limited by Baby Shelf No
Agreement Start Date 2024-12-06
Last Update Date 2025-01-16
Placement Agent Goldman Sachs
Remaining ATM Capacity 0
Remaining Capacity w/o Baby Shelf Restriction 0
Total ATM Capacity 183,800,000
February 2026 Goldman Sachs B Riley Yorkville Securities ATM Registered
EDGAR ↗
ATM Limited by Baby Shelf No
Agreement Start Date 2026-02-09
Last Update Date 2026-06-11
Placement Agent Goldman Sachs, B Riley, Yorkville Securities
Remaining ATM Capacity 0
Remaining Capacity w/o Baby Shelf Restriction 0
Total ATM Capacity 150,000,000
Convertible Note 2
July 2024 Exchangeable Convertible Debt Not Registered
EDGAR ↗
Conversion Price 5.66
Convertible Date 2024-07-22
Issue Date 2024-07-22
Known Owners N/A
Last Update Date 2026-07-23
Maturity Date 2030-04-30
Price Protection Customary Anti-Dilution
Remaining Principal Amount 116,100,000
Remaining Shares to be Issued When Converted 20,512,367
Total Principal Amount 414,400,000
Total Shares Issued When Converted 73,215,548
Underwriter/Placement Agent N/A
July 2025 Exchangeable Note Registered
EDGAR ↗
Conversion Price 3
Convertible Date 2025-07-24
Issue Date 2025-07-24
Known Owners N/A
Last Update Date 2026-05-05
Maturity Date 2030-04-30
Price Protection Variable Rate
Remaining Principal Amount 0
Remaining Shares to be Issued When Converted 0
Total Principal Amount 194,000,000
Total Shares Issued When Converted 64,666,667
Underwriter/Placement Agent N/A
Shelf 2
February 2026 Shelf Registered
EDGAR ↗
Baby Shelf Restriction No
Current Raisable Amount 9,999,999,999
Effect Date 2026-02-09
Expiration Date 2029-02-09
Float 891,596,632
Highest 60 Day Close 2.85
IB6 Float Value 2,541,050,401
Last Banker Citi
Last Update Date 2026-08-14
Outstanding Shares 892,604,638
Total Amount Raised 350,000,000
Total Amt. Raised Last 12 Mo. under IB6 N/A
Total Shelf Capacity 9,999,999,999
August 2022 Shelf (unlimited) Registered
EDGAR ↗
Baby Shelf Restriction No
Current Raisable Amount 9,999,999,999
Effect Date 2022-08-04
Expiration Date 2025-08-04
Float 891,596,632
Highest 60 Day Close 2.85
IB6 Float Value 2,541,050,401
Last Banker Citi
Last Update Date 2026-08-14
Outstanding Shares 892,604,638
Total Amount Raised 1,317,720,000
Total Amt. Raised Last 12 Mo. under IB6 N/A
Total Shelf Capacity 9,999,999,999
Completed offerings
| Date | Type | Method | Bank | Amount | Price | Shares |
|---|---|---|---|---|---|---|
| 2026-6-23 7:30 | RDO | S-3 | Roth | 200.00M | $2.1 | 95.25M |
| 2026-6-9 0:00 | Used ATM/Equity Line | S-3 | Goldman Sachs, B Riley, Yorkville Securities | 150.00M | $1.42 | 105.30M |
| 2025-1-16 0:00 | Used ATM/Equity Line | S-3 | Goldman Sachs | 63.00M | $3.68 | 17.10M |
| 2024-5-14 0:00 | Used ATM/Equity Line | S-3 | Citi, Barclays, B Riley, Goldman Sachs | 146.50M | $3.62 | 40.50M |
| 2024-5-8 0:00 | Used ATM/Equity Line | S-3 | Citi | 61.70M | $3.21 | 19.20M |
| 2024-4-27 0:00 | Used ATM/Equity Line | S-3 | Citi | 41.80M | $3.27 | 12.80M |
| 2023-12-11 0:00 | Used ATM/Equity Line | S-3 | Citi, Barclays, B Riley, Goldman Sachs | 349.92M | $7.29 | 48.00M |
| 2023-9-13 0:00 | Used ATM/Equity Line | S-3 | Citi, Barclays, B Riley, Goldman Sachs | 325.60M | $8.14 | 40.00M |
| 2023-3-31 0:00 | Used ATM/Equity Line | S-3 | Citi | 136.40M | N/A | N/A |
| 2022-12-22 0:00 | Used ATM/Equity Line | S-3 | Citi | 39.60M | $0.66 | 60.00M |
| 2022-12-20 0:00 | Used ATM/Equity Line | S-3 | Citi | 153.20M | $1.24 | 123.20M |
| 2022-11-9 0:00 | Used ATM/Equity Line | S-3 | Citi | 28.00M | $2.3 | 12.20M |
| 2022-9-30 0:00 | Used ATM/Equity Line | S-3 | Citi | 9.30M | $3.44 | 2.70M |
Split history
1:10 Reverse split
24 Aug 2023
EDGAR ↗ Registered classes
AMC Active
Class A common stock
APE Gone
New AMC Preferred Equity Units , each constituting a depositary share representing 1/100th interest in a share of Series A Convertible Participating Preferred Stock
Anything unsourced reads N/A. Not a recommendation — see the disclaimer, and how dilution works.
Track the count, not the chart.
Share-count histories, the offerings behind each step and the split record — as each company clears verification against its filings.