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Home Entertainment

AMC prices $200M direct stock offering

Story Center by Story Center
June 23, 2026
Reading Time: 20 mins read
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AMC prices $200M direct stock offering


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UNITED STATES

SECURITIES AND
EXCHANGE COMMISSION

Washington, D.C. 
20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event
reported): June 23, 2026

 

AMC
ENTERTAINMENT HOLDINGS, INC.

(Exact Name of Registrant as Specified in Charter)

 

Delaware 001-33892 26-0303916
(State
or Other Jurisdiction of
 (Commission
File Number)
 (I.R.S. Employer Identification
Incorporation)   Number)

 

One AMC Way

11500 Ash Street, Leawood, KS 66211

(Address of Principal Executive Offices, including
Zip Code)

 

(913)
213-2000

(Registrant’s Telephone Number, including
Area Code)

 

Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title
of each class
 Trading
Symbol
 Name
of each exchange on which registered
Class A common stock AMC New York Stock Exchange

 

Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging
growth company 
¨

 

If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial
accounting
standards provided pursuant to Section 13(a) of the Exchange Act.  
¨

 

 

 

Item 1.01Entry into a Material Definitive Agreement.

 

On June 23, 2026, AMC Entertainment Holdings, Inc.
(the “Company” or “AMC”) entered into a securities purchase agreement (the “Purchase Agreement”) with
certain institutional investors (the “Investors”) for the sale by the Company of 95,250,000 shares (the “Shares”)
of its Class A common stock, par value $0.01 per share (“Common Stock”), in a registered direct offering (the “Offering”),
at a purchase price of $2.10 per share. The Offering is expected to close on June 24, 2026 (the “Closing Date”), subject
to the satisfaction of customary closing conditions.

 

In connection with the Offering, the Company entered
into a placement agency agreement (the “Placement Agency Agreement”) on June 23, 2026 with Roth Capital Partners, LLC
(the “Placement Agent”), as the exclusive placement agent in connection with the Offering. As compensation to the Placement
Agent, the Company will pay the Placement Agent a cash fee of 5.5% of the aggregate gross proceeds raised in the Offering and will reimburse
certain expenses.

 

The Purchase Agreement contains customary representations
and warranties and agreements of the Company and the purchasers and customary indemnification rights and obligations of the parties. The
Company has agreed not to issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common
Stock or any securities convertible into or exercisable or exchangeable for shares of Common Stock or file any registration statement
or prospectus, or any amendment or supplement thereto for a period of 45 days following the Closing Date, subject to certain exceptions.

 

The shares of Common Stock described above were
offered pursuant to the Registration Statement on Form S-3 (File No. 333-293291), filed by the Company with the Securities and
Exchange Commission (the “Commission”) on February 9, 2026 (the “Registration Statement”), including a prospectus
included in the Registration Statement, and a prospectus supplement, dated June 23, 2026.

 

The Company will receive net proceeds of
approximately $189 million from the Offering, after deducting the estimated Placement Agent fees and before deducting estimated offering expenses. The Company intends to use the
net proceeds from this Offering to redeem all of its $125,500,000 aggregate principal amount of 6.125% Senior Subordinated Notes due
2027, pay related fees, costs, premiums and expenses associated therewith and for general corporate purposes, which may include the
repayment of other debt, the strengthening of the Company’s cash reserves and investments to enhance the moviegoing experience
at the Company’s theatres.

 

The representations, warranties and covenants
contained in the Purchase Agreement and the Placement Agency Agreement were made solely for the benefit of the parties to such agreements
and may be subject to limitations agreed upon by the contracting parties. Accordingly, such agreements are incorporated herein by reference
only to provide investors with information regarding the terms of such agreements, and not to provide investors with any other factual
information regarding the Company or its business, and should be read in conjunction with the disclosures in the Company’s periodic
reports and other filings with the Commission.

 

The foregoing summaries of the Purchase Agreement
and Placement Agency Agreement do not purport to be complete and are subject to, and qualified in their entirety by, copies of such documents
attached as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K, which are incorporated herein by reference.

 

A copy of the opinion of Weil, Gotshal &
Manges LLP relating to the legality of the issuance and sale of the Shares, including the consent included therein, is attached as Exhibit 5.1
to this Current Report on Form 8-K.

 

Item 7.01Regulation FD Disclosure.

 

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On June 23, 2026, the Company issued a press
release announcing the pricing of the Offering. The full text of the press release is incorporated by reference as Exhibit 99.1 to
this Current Report on Form 8-K.

 

The information included in Exhibit 99. 1
is being furnished pursuant to Item 7.01 of Form 8-K, and, as a result, such information shall not be deemed “filed”
for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall such information
be deemed incorporated by reference in any filing under the Securities Act, or the Exchange Act, except as shall be expressly set forth
by specific reference in such a filing.

 

ADVERTISEMENT

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
No.
 Description of Exhibit
5.1 Opinion of Weil, Gotshal & Manges LLP.
10.1 Placement Agency Agreement, dated June 23, 2026, between the Company and Roth Capital Partners, LLC.
10.2 Securities Purchase Agreement, dated June 23, 2026, between the Company and the purchasers party thereto.
23.1 Consent of Weil, Gotshal & Manges LLP (included in Exhibit 5.1).
99.1 Pricing Press Release, dated June 23, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.

 

 AMC ENTERTAINMENT HOLDINGS, INC.
  
Date: June 23, 2026By:/s/ Edwin F. Gladbach
  Name: Edwin F. Gladbach
  Title: Senior Vice President, General Counsel and Secretary

 

 

 


 

Exhibit 99.1

 

INVESTOR
RELATIONS:

John Merriwether, 866-248-3872

[email protected]

 

MEDIA
CONTACTS:

Ryan Noonan, (913) 213-2183

[email protected]

 

FOR IMMEDIATE RELEASE

 

AMC ENTERTAINMENT
HOLDINGS, INC. ANNOUNCES PRICING OF

$200 MILLION REGISTERED DIRECT OFFERING OF COMMON
STOCK

 

LEAWOOD,
KANSAS – (June 23, 2026)
— AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”),
announced today that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate
of 95,250,000 shares of AMC common stock. The Offering is expected to result in gross proceeds of approximately $200 million, before deducting
agent fees and offering expenses.

 

AMC intends to use the net proceeds from the Offering to redeem all
of its $125,500,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027, pay related fees, costs, premiums and expenses
associated therewith and for general corporate purposes, which may include the repayment of other debt, the strengthening of AMC’s cash reserves and investments to enhance the moviegoing experience
at AMC’s theatres. The Offering is expected to close on June 24, 2026, subject to customary closing conditions.

 

Roth Capital Partners is acting as the sole placement agent for the
Offering.

 

The shares described above are being offered pursuant to a shelf registration
statement on Form S-3 (File No. 333-293291), originally filed with the Securities and Exchange Commission (the “SEC”)
on February 9, 2026. The Offering is being made only by means of a prospectus, including a prospectus supplement, forming a part
of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the Offering will be filed
with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies may be obtained when available, from Roth
Capital Partners, LLC, 888 San Clemente, Suite 400, Newport Beach, CA 92660, (800) 678-9147 or by email at [email protected], or by
accessing the SEC’s website, www.sec.gov.

 

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such
state or jurisdiction.

 

About AMC Entertainment Holdings, Inc.

 

AMC is the largest movie exhibition company in the United States, the
largest in Europe and the largest throughout the world with approximately 850 theatres and 9,600 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, website, and mobile apps; offering premium large format
experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information,
visit www.amctheatres.com.

 

Website Information

 

This
press release, along with other news about AMC, is available at
www.amctheatres.com. We routinely post information that
may be important to investors in the Investor Relations section of our website, www.investor.amctheatres.com. We use this website
as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD, and
we encourage investors to consult that section of our website regularly for important information about AMC. The information contained
on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Investors
interested in automatically receiving news and information when posted to our website can also visit www.investor.amctheatres.com
to sign up for email alerts.

 

 

Forward-Looking Statements

 

This communication includes “forward-looking statements”
within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. In many cases, these forward-looking statements may be identified by the use of words such as “will,” “may,”
“could,” “would,” “should,” “believes,” “expects,” “anticipates,”
“estimates,” “intends,” “indicates,” “projects,” “goals,” “objectives,”
“targets,” “predicts,” “plans,” “seeks,” and variations of these words and similar expressions.
Examples of forward-looking statements include statements the Company makes regarding impacts of the industry box office in North America
and European industry attendance, the Company’s expected revenue, net loss, capital expenditures, diluted loss per share, Adjusted
EBITDA and estimated cash and cash equivalents, the potential for sustained growth, the Company’s cash generation potential, the
potential for further debt equitization, the ability to achieve the Company’s AMC Go Plan, the Company’s financial runway
and the continued box office recovery as well as the future box office outlook, including with respect to the full year 2026, the use
of proceeds from the Offering, changing market dynamics and capitalizing on opportunities to further strengthen AMC’s balance sheet.
Any forward-looking statement speaks only as of the date on which it is made. These forward-looking statements may include, among other
things, statements related to AMC’s current expectations regarding the performance of its business, financial results, liquidity
and capital resources and are based on information available at the time the statements are made and/or management’s good faith
belief as of that time with respect to future events, and are subject to risks, trends, uncertainties and other facts that could cause
actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks,
trends, uncertainties and facts include, but are not limited to: the sufficiency of AMC’s existing cash and cash equivalents and
available borrowing capacity; AMC’s ability to obtain additional liquidity, which if not realized or insufficient to generate the
material amounts of additional liquidity that will be required unless it is able to achieve more normalized levels of operating revenues,
likely would result with AMC seeking an in-court or out-of-court restructuring of its liabilities; the effectiveness of the refinancing
transactions completed in the third quarter of 2025 and the ability to further equitize existing debt; increased use of alternative film
delivery methods or other forms of entertainment; the continued recovery of the North American and international box office; AMC’s
significant indebtedness, including its ability to meet its covenants and limitations on AMC’s ability to take advantage of certain business
opportunities imposed by such covenants; shrinking exclusive theatrical release windows; the seasonality of AMC’s revenue and working
capital; intense competition in the geographic areas in which AMC operates; risks relating to impairment losses, including with respect
to goodwill and other intangibles, and theatre and other closure charges; motion picture production, promotion, marketing, and performance
including labor stoppages affecting the production, supply and release schedule of theatrical motion picture content and choice of
distributors to release fewer feature-length films as a result of the additional financial burden imposed by tariffs; the use of artificial
intelligence (“AI”) technology in the filmmaking process and audience acceptance of movies made utilizing AI technology; general
and international economic, political, regulatory and other risks, including but not limited to rising interest rates; AMC’s lack
of control over distributors of films; limitations on the availability of capital, including on the authorized number of AMC common stock;
dilution of voting power caused by recent sales of AMC common stock and through the issuance of AMC common stock underlying Muvico LLC’s
exchangeable notes and the issuance of preferred stock; AMC’s ability to achieve expected synergies, benefits and performance from
its strategic initiatives; AMC’s ability to refinance its indebtedness on favorable terms; AMC’s ability to optimize its theatre
circuit; AMC’s ability to recognize interest deduction carryforwards, net operating loss carryforwards, and other tax attributes
to reduce future tax liability; supply chain disruptions, labor shortages, increased cost and inflation; and other factors discussed in
the reports AMC has filed with the SEC. Should one or more of these risks, trends, uncertainties, or facts materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements
contained herein. Accordingly, the Company cautions you against relying on forward-looking statements, which speak only as of the date
they are made.

 

Forward-looking statements should not be read as a guarantee of future
performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will
be achieved. For a detailed discussion of risks, trends and uncertainties facing AMC, see the section entitled “Risk Factors”
and elsewhere in the Company’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as the
Company’s other filings with the SEC, copies of which may be obtained by visiting the Company’s Investor Relations website
at investor.amctheatres.com or the SEC’s website at www.sec.gov.

 

AMC does not intend, and undertakes no duty, to update any information
contained herein to reflect future events or circumstances, except as required by applicable law.

 

###

 

 

 

‘ The preceding article may include information circulated by third parties ’

‘ Some details of this article were extracted from the following source www.stocktitan.net ’

Tags: AMCAMC Entertainmentdebt redemptionequity raiseForm 8-Kregistered direct offeringRoth Capital PartnersSenior Subordinated Notesstock offering
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