Birdwatch Note Rating
2023-07-31 11:06:16 UTC - HELPFUL
Rated by Participant: 5E1167E8A1FD4039DB932F74E7FDE99AA532F582CA4A4CC6C39FDB25B43D739E
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