Birdwatch Note Rating
2023-08-01 12:05:14 UTC - HELPFUL
Rated by Participant: E80DD233B15FD0E77C2B1661476377BC0C1DC0633633C8731DB37225F41F9183
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