AMC Entertainment (NYSE: AMC) sets up automatic shelf for future securities sales
AMC Entertainment Holdings, Inc. filed an automatic shelf registration statement on Form S-3 that allows the company and future selling stockholders to offer a range of securities from time to time. The shelf covers Class A common stock, preferred stock, subscription rights, depositary shares, warrants and units.
AMC may sell these securities through various methods, including direct sales, underwritten offerings and at-the-market transactions, and plans to use any net proceeds for general corporate purposes such as refinancing or repaying debt, working capital and capital investments. Selling stockholders may also resell registered securities, and AMC will not receive proceeds from those sales. The filing highlights substantial risks, including high leverage, liquidity pressure if attendance and revenues do not recover to at least pre-COVID-19 levels, potential further equity dilution from exchangeable notes, shifting movie distribution practices, and volatility in the company’s common stock.
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SECURITIES AND EXCHANGE COMMISSION
UNDER
THE SECURITIES ACT OF 1933
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Delaware
(State or other jurisdiction of
incorporation or organization) |
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26-0303916
(I.R.S. Employer
Identification Number) |
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11500 Ash Street
Leawood, Kansas 66211
(913) 213-2000
Senior Vice President, General Counsel & Secretary
One AMC Way
11500 Ash Street
Leawood, Kansas 66211
(913) 213-2000
Michael B. Hickey
Michael Stein
Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, New York 10153
(212) 310-8000 (Phone)
(212) 310-8007 (Fax)
Approximate date of commencement of proposed sale to the public:
From time to time after effectiveness of this registration statement.
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Large accelerated filer ☒
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Accelerated filer ☐
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Non-accelerated filer ☐
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Smaller reporting company ☐
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Emerging growth company ☐
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Page
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ABOUT THIS PROSPECTUS
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WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION OF DOCUMENTS BY REFERENCE
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
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THE COMPANY
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RISK FACTORS
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USE OF PROCEEDS
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DESCRIPTION OF CAPITAL STOCK
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DESCRIPTION OF SUBSCRIPTION RIGHTS
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DESCRIPTION OF DEPOSITARY SHARES
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DESCRIPTION OF WARRANTS
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DESCRIPTION OF UNITS
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SELLING STOCKHOLDERS
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PLAN OF DISTRIBUTION
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LEGAL MATTERS
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EXPERTS
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INCORPORATION OF DOCUMENTS BY REFERENCE
One AMC Way
11500 Ash Street
Leawood, Kansas 66211
(913) 213-2000
INFORMATION NOT REQUIRED IN PROSPECTUS
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Registration Fee
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Legal Fees and Expenses
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Accounting Fees and Expenses
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Total
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Exhibit
Number |
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Exhibit Description
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| | 1.1 | | | Form of Underwriting Agreement.* | |
| | 3.1 | | | Fourth Amended and Restated Bylaws of AMC Entertainment Holdings, Inc., effective as of February 22, 2024 (incorporated by reference from Exhibit 3.2 to the Company’s Current Report on Form 10-K (File No. 1-33892) filed on February 28, 2024). | |
| | 3.2 | | | Fourth Amended and Restated Certificate of Incorporation of AMC Entertainment Holdings, Inc., effective as of December 10, 2025 (incorporated by reference from Exhibit 3.1 to the Company’s Current Report on Form 8-K (File No. 1-33892) filed on December 11, 2025). | |
| | 4.1 | | | Form of Deposit Agreement and Depositary Receipt.* | |
| | 4.2 | | | Form of Certificate for Preferred Stock.* | |
| | 4.3 | | | Form of Warrant Agreement and Warrant Certificate.* | |
| | 4.4 | | | Subscription Rights Agreement and Subscription Rights Certificate.* | |
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Opinion of Weil, Gotshal & Manges LLP.
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| | 23.1 | | | Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm, as to AMC Entertainment Holdings, Inc.’s consolidated financial statements as of and for the years ended December 31, 2024 and 2023. | |
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Exhibit
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Exhibit Description
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Consent of Weil, Gotshal & Manges LLP (included in Exhibit 5.1).
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Power of Attorney (included on Signature Pages).
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107
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Filing Fee Table
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Signature
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Title
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/s/ Adam M. Aron
Adam M. Aron
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Chief Executive Officer, President and Chairman of the Board
(Principal Executive Officer) |
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/s/ Sean D. Goodman
Sean D. Goodman
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Executive Vice President and Chief Financial Officer
(Principal Financial Officer) |
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/s/ Chris A. Cox
Chris A. Cox
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Senior Vice President and Chief Accounting Officer
(Principal Accounting Officer) |
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/s/ Denise Clark
Denise Clark
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Director
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/s/ Marcus Glover
Marcus Glover
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Director
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/s/ Sonia Jain
Sonia Jain
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Director
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Signature
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Title
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/s/ Howard Koch, Jr.
Howard Koch, Jr.
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Director
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/s/ Philip Lader
Philip Lader
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Director
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/s/ Gary F. Locke
Gary F. Locke
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Director
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/s/ Keri Putnam
Keri Putnam
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Director
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/s/ Anthony J. Saich
Anthony J. Saich
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Director
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/s/ Adam J. Sussman
Adam J. Sussman
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Director
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