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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
by 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 agoIt was both, AMC completed an at the market offering during the pump and convertible bond holders also converted to stock
- dcolkitt 6y agoYou are correct. Thanks for pointing that out.