Summary by Futu AI
On June 5, 2024, AMC Entertainment Holdings, Inc. held its Annual Meeting of Stockholders, where several key proposals were voted upon. The stockholders approved the 2024 Equity Incentive Plan, which reserves 25 million shares of Class A common stock for awards under the plan. However, amendments to the company's Certificate of Incorporation, including the declassification of the board of directors and the removal of limitations on stockholders' ability to call special meetings, were not approved as they failed to achieve the required majority of outstanding shares. Additionally, the stockholders did not approve the proposed executive compensation on a non-binding advisory basis. All Class I director nominees were elected to hold office until the 2027 annual meeting, and the appointment of Ernst & Young, LLP as the independent registered public accounting firm for the fiscal year ended December 31, 2024, was ratified. Following the approval of the 2024 Equity Incentive Plan, AMC Entertainment plans to file a registration statement for the potential future issuance of the shares under this plan.