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AMC aims to sell $125M in stock due to coronavirus pandemic, say SEC filings

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General views of the Batman bronze statue on the AMC Walkway in Downtown Burbank, home of Warner Bros studios on November 27, 2020 in Burbank, California. (Photo by AaronP/Bauer-Griffin/GC Images) AMC Entertainment Holdings Inc is going to sell up to 50 million additional shares to try to survive the coronavirus pandemic.The movie theater giant made this news public with a Wednesday filing to the U.S.

Securities and Exchange Commission. This announcement follows the theater chain’s previous SEC filing that said it would be selling 200 million shares.AMC’S proposed maximum offering price is $2.50 per share, according to its latest filing.

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