3 ms·

AMC did exactly that, they sold a bunch of new shares at an inflated price

• dcolkitt 6y ago
  Correct me if I’m wrong, but I thought the new AMC shares came from Silverlake exercising its convertibles, not AMC itself. Of course it still benefited AMC by reducing its debt load.
  • deleted 6y ago
    [deleted]
  • drexlspivey 6y ago
    It was both, AMC completed an at the market offering during the pump and convertible bond holders also converted to stock
    • dcolkitt 6y ago
      You are correct. Thanks for pointing that out.