Amc Raises Million Coronavirusimpacted Winter / Despite COVID-19 Pandemic, PMC Donates $50 Million Gift to ... : Amc theaters has raised nearly $1 billion to survive the pandemic after a brush with bankruptcy that could've shut the chain down.
Amc Raises Million Coronavirusimpacted Winter / Despite COVID-19 Pandemic, PMC Donates $50 Million Gift to ... : Amc theaters has raised nearly $1 billion to survive the pandemic after a brush with bankruptcy that could've shut the chain down. . Amc theatres, the world's largest cinema chain, has raised $917 million in new equity and debt capital, the company said on monday. Out of the $917 million, $506 million was raised through equity as the result of the issuance of 164.7 million new shares. 8.5 million shares is less than 1.7% of our outstanding shares, and in our view, this is not mindless dilution, but rather this is very smart raising of cash so that we can grow this company. Shares of amc entertainment, the world's largest movie theater chain, skyrocketed more than 20% tuesday morning after ceo adam aron rallied around retail traders' massive interest in the company while announcing it raised $230.5 million. Amc said it needs to raise $750 million just ...