Summary by Futu AI
On May 13, 2024, AMC Entertainment Holdings, Inc. successfully completed its 'at-the-market' equity offering that was initiated on March 28, 2024. The company managed to raise approximately $250 million by selling 72.5 million shares at an average price of $3.45 per share, before accounting for commissions and fees. This financial move was part of AMC's strategy to generate new equity capital and the details of this transaction were disclosed in a Current Report on Form 8-K filed with the United States Securities and Exchange Commission.