Birdwatch Note Rating
2023-07-31 10:34:39 UTC - HELPFUL
Rated by Participant: E59ED0979E419EAB4CE3F278A0430EC677DC8FBBFEC719F4A0940453A330361C
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