AMC ENTERTAINMENT HOLDINGS, INC. SEC Filings

AMC Entertainment Holdings, Inc. received an amended Schedule 13G/A from UBS Group AG and certain subsidiaries reporting that they no longer beneficially own any Class A common stock of AMC. As of December 31, 2025, UBS reports 0 shares beneficially owned, representing 0% of the class, with no sole or shared voting or dispositive power over AMC shares. The filing indicates UBS now falls under the category of owning 5 percent or less of this class of securities.

BlackRock, Inc. reports beneficial ownership of AMC Entertainment Holdings Inc. Class A stock on an amended Schedule 13G. As of June 30, 2026, BlackRock and its reporting business units beneficially owned 48,917,321 AMC Class A shares, representing 5.5% of the class.

BlackRock has sole voting power over 48,036,476 shares and sole dispositive power over 48,917,321 shares, with no shared voting or dispositive power reported. Various underlying clients have rights to dividends or sale proceeds, but no single person has more than five percent of AMC’s outstanding common shares.

AMC Entertainment Holdings, Inc. is asking stockholders to approve several significant governance and compensation items at the 2026 annual meeting on September 24, 2026, for holders of Class A common stock as of the July 31, 2026 record date.

The company seeks to declassify the board so all directors stand for annual one‑year terms beginning in 2026, and to remove charter restrictions so stockholders may act by written consent and, via bylaw changes, call special meetings (at a 20% ownership threshold). It also proposes doubling the 2024 Equity Incentive Plan share pool from 25,000,000 to 50,000,000 shares to preserve equity-based pay and avoid potentially large cash settlements of $17.1 million to $58.6 million for 2026 awards. Additional items include election of directors under either a declassified or classified structure, ratification of Ernst & Young LLP as auditor for 2026, an advisory say-on-pay vote, an advisory vote on say-on-pay frequency, and authority to adjourn the meeting to solicit more proxies if needed.

AMC Entertainment Holdings, Inc. reported stronger top-line and operating performance for the quarter and six months ended June 30, 2026. Total revenues were $1,596.7 million for the quarter and $2,642.1 million year‑to‑date, up from $1,397.9 million and $2,260.4 million in 2025, driven by higher admissions and food and beverage sales. Adjusted EBITDA rose to $321.4 million for the quarter and $359.7 million for the six months, compared with $189.5 million and $131.8 million a year earlier. The company still recorded a net loss of $11.4 million for the quarter and $128.5 million for the six months, though the year‑to‑date loss narrowed versus 2025.

Liquidity improved, with cash and restricted cash of $819.5 million at June 30, 2026 and net cash provided by operating activities of $106.9 million, compared with a use of $231.6 million in the prior‑year period. Principal corporate borrowings were $3,914.2 million, and total liabilities exceeded assets, leaving a stockholders’ deficit of $1,452.7 million. AMC continued to reshape its capital structure by issuing equity and exchanging debt, including a $200.0 million registered direct offering at $2.10 per share, $150.0 million raised through at‑the‑market offerings, and the issuance of 142.1 million shares to settle its New Exchangeable Notes.

AMC Entertainment Holdings, Inc. reported record second‑quarter 2026 results, with total revenues of $1,596.7 million and Adjusted EBITDA of $321.4 million, the highest quarterly figures in its 106‑year history. Revenues rose 14.2% year over year, Adjusted EBITDA increased by $131.9 million, and margin improved to 20.1%. Attendance grew 13.5% to 71,290 thousand patrons as both U.S. and international markets expanded. Despite a GAAP net loss of $11.4 million, adjusted net earnings were $104.3 million, equating to adjusted diluted earnings per share of $0.14. Free cash flow reached $190.1 million, supported by $235.4 million of net cash from operating activities.

Cash and cash equivalents were $778.4 million at June 30, 2026, while corporate borrowings (principal amount) declined to $3,914.2 million and AMC’s stockholders’ deficit narrowed to $(1,452.7) million. Management highlighted refinancing $400 million of debt, raising approximately $285 million of equity and eliminating or initiating eliminations of approximately $282 million of debt. Since the end of 2020, principal debt balances have been reduced by approximately $1.7 billion, with no currently expected maturities until 2029. Second‑quarter actions reduced annual cash interest expense by $16 million and are expected to lower interest on approximately 75% of debt by approximately $51 million, assuming current leverage and benchmark rates.

AMC Entertainment Holdings closed a registered direct sale of 95,250,000 common shares, raising about $200 million in gross proceeds. The company intends to use most of the cash to redeem all $125,471,000 of its 6.125% Senior Subordinated Notes due 2027 at par plus accrued interest.

AMC expects this payoff to cut annual cash interest expense by roughly $7.7 million and leave it with no material debt principal repayments until calendar year 2029. Remaining funds will cover related fees, support general corporate purposes including other debt repayment, bolster cash reserves, and fund targeted, high-return upgrades like premium screens and seating at select theatres.

AMC Entertainment Holdings, Inc. is offering 95,250,000 shares of its common stock in a registered direct offering at a public offering price of $2.10 per share, with expected delivery on or about June 24, 2026. Net proceeds before expenses are stated as approximately $189,023,625, after a Placement Agent fee of 5.5% and related fees. The company intends to use the net proceeds to redeem outstanding $125,500,000 aggregate principal amount of its 6.125% Senior Subordinated Notes due 2027 and for general corporate purposes. The prospectus supplement discloses that, as of June 18, 2026, there were 797,354,638 shares issued and outstanding and that common stock to be outstanding after this offering would be 892,604,638 shares. The document cautions that the company’s stock has experienced extreme volatility and retail-driven trading dynamics.

AMC Entertainment Holdings, Inc. entered into agreements to sell 95,250,000 shares of its Class A common stock in a registered direct offering at $2.10 per share to institutional investors.

The deal is expected to generate gross proceeds of about $200 million and net proceeds of approximately $189 million after placement fees, with closing targeted for June 24, 2026, subject to customary conditions. AMC plans to use the net proceeds primarily to redeem all $125,500,000 of its 6.125% Senior Subordinated Notes due 2027, cover related costs, and for general corporate purposes, which may include other debt repayment, strengthening cash reserves, and theatre investments.

Roth Capital Partners is acting as sole placement agent and will receive a 5.5% cash fee on aggregate gross proceeds. AMC also agreed to a 45‑day restriction after closing on issuing or registering additional equity, subject to certain exceptions.

AMC Entertainment Holdings, Inc. has completed its previously disclosed at-the-market equity offering, raising $150.0 million of new equity capital through the sale of approximately 105.3 million shares before commissions and fees. The company says this cash increases its liquidity and further strengthens its balance sheet.

Management highlights that, together with May’s record-breaking box office and six films achieving domestic opening weekends above $75 million, the new funds provide added financial flexibility to pursue strategic priorities, reduce financial leverage and focus on increasing Adjusted EBITDA while the theatrical industry continues its 2026 recovery.