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AMC Stock Jumps After $150M Equity Raise — CEO Says Investor Confidence Amid A Resurgent Box Office Is Beating Dilution Fears
The company said it sold approximately 105.3 million shares as part of the at-the-market equity offering.
AMC also highlighted a strong box office environment, with six films generating domestic opening weekends exceeding $75 million over the past 11 weeks.
Aron highlighted that the offering’s completion is a positive development for AMC, saying it significantly strengthens the company's cash reserves.
Shares of AMC Entertainment Holdings Inc. (AMC) were up more than 7% in Thursday morning’s trade after the company announced that it had successfully completed a $150 million at-the-market equity offering.
AMC said the additional capital strengthens its balance sheet and provides greater financial flexibility to pursue its long-term strategic priorities. The company also highlighted a strong box-office environment, with six films generating domestic opening weekends exceeding $75 million over the past 11 weeks.
AMC Entertainment Holdings, Inc. Successfully Completes $150 Million At-the-Market Equity Offering
LEAWOOD, Kan.–(BUSINESS WIRE)– AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), announced today that it has completed its previously disclosed $150 million at-the-market (“ATM”) equity offering launched on February 9, 2026. AMC raised $150.0 million of new equity capital through the sale of approximately 105.3 million shares, before commissions and fees.
The completion of this ATM equity offering boosts AMC’s cash position and further strengthens our balance sheet. Coupled with May’s record-breaking box office and six films generating domestic opening weekends in excess of $75 million over the past eleven weeks, the proceeds from this offering provide AMC with enhanced financial flexibility as we continue executing on our strategic priorities and building on the positive momentum across our circuit.
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AMC Theatres Raises $150 Million to Bolster Cash Reserves
The exhibitor is also postponing its foray into the live concert business given the box office rebound.
AMC Theatres is hoping to capitalize on this year’s box office momentum.
The world’s largest movie theater chain, which had been working to reduce its debt load, disclosed Thursday that it closed a $150 million at-the-market equity offering that it had launched in February.
Chief Adam Aron said that the move “strengthens our balance sheet, bolsters our cash reserves and provides additional flexibility to support our long-term strategic objectives.” The exhibitor, which had soared as a memestock on the NYSE during the pandemic years, has seen its stock languish between $1.60 a share and $2.08 this year, but has been on a slight upswing.
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