Birdwatch Note Rating
2023-07-31 12:21:29 UTC - HELPFUL
Rated by Participant: 46E688DD6CB5AC74622F4710D12311226743EDBAA85E6E2E0683F172D8894985
Participant Details
Original Note:
AMC does not get any cash from the conversion. The market cap of AMC, however, will go up by the value of the APE shares upon conversion, although this gain will not be realized by the company. Sources: https://s25.q4cdn.com/472643608/files/doc_downloads/2022/AMC-Preferred-Equity-Unit-Dividend-SEC-8-K-Filing.pdf https://s25.q4cdn.com/472643608/files/doc_downloads/2022/ape_dividend_faq.pdf
All Note Details