AMC shareholders approve ‘APE’ change

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amc entertainment holdings inc. The of AMC have approved the proposal of the Company to convert the AMC Preferred Equity APE units into shares of common stock. In January, the AMC announced special meeting of to increase the number of AMC-authorized shares from 524 million to 550 million and to authorize a 1-for-10 reverse split of the company’s common stock, to APE. Shares converted into common stock. , The move is part of the company’s ongoing fight to clear debt, but it is facing court proceedings.


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