Birdwatch Note Rating
2023-07-31 04:25:17 UTC - HELPFUL
Rated by Participant: 7C8D1AFC80AFB5AB5719B764277DAC191C526317EE51E8744384C63322BC0D8A
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