Birdwatch Note Rating
2023-07-31 16:29:27 UTC - HELPFUL
Rated by Participant: BF13AA8D8334C632F15032126A09EA73D7EA13AB457DEE2138B51BD4C0FCDF14
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