Hi Apes! The media is trying to brainwash the market and spreading FUD that the new 11.5M share offering is extremely dilutive. LET US NOW EXAMINE THE SEC FILING ON THE TRUTH
- AMC 11.5M Offering is priced at $18 FOR THE PURPOSE OF "calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange. "
IT IS NOT THE PRICE WHICH ADAM ARON INTENDS TO SELL IT AT. IF THE 11.5M SHARES ARE SOLD AT $50, THIS IS NOT DILUTIVE BECAUSE IT INCREASES THE BOOK VALUE OF THE COMPANY CORRESPONDINGLY.
- The OFFICIAL FLOAT CONFIRMED BY AMC IS *502M*. POST OFFERING the FLOAT will be *513.3M* (APES PLEASE TAKE NOTE OF THIS IMPORTANT NUMBER FOR YOUR REFERENCE)
- Proxy materials for rescheduled annual meeting of stockholders will include a proposal to AUTHORIZE additional shares of Class A common stock but in a QUANTITY SIGNIFICANTLY SMALLER than the previous request and which will NOT become effective *UNTIL JANUARY 2022* (I WILL BE VOTING AGAINST THIS PROPOSAL)
LASTLY THE IMPORTANT ACKNOWLEDGEMENT OF A SHORT SQUEEZE BY AMC MANAGEMENT ITSELF
A “short squeeze” due to a sudden increase in demand for shares of our Class A common stock that largely exceeds supply and/or focused investor trading in anticipation of a potential short squeeze have led to, may be currently leading to, and could again lead to, extreme price volatility in shares of our Class A common stock.
READ THIS FUCKING PARAGRAPH
To the extent aggregate short exposure EXCEEDS the number of shares of our Class A common stock available for purchase on the open market, investors with short exposure may have to PAY A PREMIUM to repurchase shares of our Class A common stock for delivery to lenders of our Class A common stock. Those REPURCHASES may, in turn, DRAMATICALLY INCREASE THE PRICE of our Class A common stock until additional shares of our Class A common stock are available for trading or borrowing. This is often referred to as a “SHORT SQUEEZE.”
A large proportion of our Class A common stock has been in the past and may be traded in the future by short sellers, which may increase the likelihood that our Class A common stock will be the target of a short squeeze, and there is wide spread speculation that our current trading price is the result of a short squeeze. A short squeeze and/or focused investor trading in anticipation of a short squeeze have led to, may be currently leading to, and could again lead to volatile price movements in shares of our Class A common stock that may be unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A common stock necessary to cover their short positions, or if investors no longer believe a short squeeze is viable, the price of our Class A common stock may rapidly decline. Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment.
TLDR: UP-VOTE THIS FOR NEW APES TO SEE. HEDGIES R FUK. New share issue is ONLY A FRACTION OF THE DAILY MARKET VOLUME and DOES NOT EVEN EXCEED 3% OF YESTERDAY TRADING VOLUME. AMC TO THE FUCKING MOON!!!!!
ALSO, AVOID THE FACEBOOK GROUP "The Truth about AMC". Its run by an account under the name of George Kailous who is spreading nonsense and FUD in there.
stout762 on June 3rd, 2021 at 11:29 UTC »
Woke up earlier and it was at $75, they are trying to Fck us, hold the line, this is Sparta!
Thanks for the awards, hold the line, say bye to your family cuz Monday we’re taking off 🚀.
Longjumping_Rock1690 on June 3rd, 2021 at 11:30 UTC »
Oh this is WAR! HOLD
ilikeelks on June 3rd, 2021 at 12:38 UTC »
UPDATE: I created another post to further add on information on the total share issued under the market offering programme
https://www.reddit.com/r/amcstock/comments/nrk6sx/important\_clarification\_post\_regarding\_amc\_equity/
Hi Apes! The media is trying to brainwash the market and spreading FUD that the new 11.5M share offering is extremely dilutive. LET US NOW EXAMINE THE SEC FILING ON THE TRUTH
https://sec.report/Document/0001104659-21-076090/#tTHOF
FACTS:
- AMC 11.5M Offering is priced at $18 FOR THE PURPOSE OF "calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange. "
IT IS NOT THE PRICE WHICH ADAM ARON INTENDS TO SELL IT AT. IF THE 11.5M SHARES ARE SOLD AT $50, THIS IS NOT DILUTIVE BECAUSE IT INCREASES THE BOOK VALUE OF THE COMPANY CORRESPONDINGLY.
- The OFFICIAL FLOAT CONFIRMED BY AMC IS *502M*. POST OFFERING the FLOAT will be *513.3M* (APES PLEASE TAKE NOTE OF THIS IMPORTANT NUMBER FOR YOUR REFERENCE)
- Proxy materials for rescheduled annual meeting of stockholders will include a proposal to AUTHORIZE additional shares of Class A common stock but in a QUANTITY SIGNIFICANTLY SMALLER than the previous request and which will NOT become effective *UNTIL JANUARY 2022* (I WILL BE VOTING AGAINST THIS PROPOSAL)
LASTLY THE IMPORTANT ACKNOWLEDGEMENT OF A SHORT SQUEEZE BY AMC MANAGEMENT ITSELF
A “short squeeze” due to a sudden increase in demand for shares of our Class A common stock that largely exceeds supply and/or focused investor trading in anticipation of a potential short squeeze have led to, may be currently leading to, and could again lead to, extreme price volatility in shares of our Class A common stock.
READ THIS FUCKING PARAGRAPH
To the extent aggregate short exposure EXCEEDS the number of shares of our Class A common stock available for purchase on the open market, investors with short exposure may have to PAY A PREMIUM to repurchase shares of our Class A common stock for delivery to lenders of our Class A common stock. Those REPURCHASES may, in turn, DRAMATICALLY INCREASE THE PRICE of our Class A common stock until additional shares of our Class A common stock are available for trading or borrowing. This is often referred to as a “SHORT SQUEEZE.”
A large proportion of our Class A common stock has been in the past and may be traded in the future by short sellers, which may increase the likelihood that our Class A common stock will be the target of a short squeeze, and there is wide spread speculation that our current trading price is the result of a short squeeze. A short squeeze and/or focused investor trading in anticipation of a short squeeze have led to, may be currently leading to, and could again lead to volatile price movements in shares of our Class A common stock that may be unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A common stock necessary to cover their short positions, or if investors no longer believe a short squeeze is viable, the price of our Class A common stock may rapidly decline. Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment.
TLDR: UP-VOTE THIS FOR NEW APES TO SEE. HEDGIES R FUK. New share issue is ONLY A FRACTION OF THE DAILY MARKET VOLUME and DOES NOT EVEN EXCEED 3% OF YESTERDAY TRADING VOLUME. AMC TO THE FUCKING MOON!!!!!
ALSO, AVOID THE FACEBOOK GROUP "The Truth about AMC". Its run by an account under the name of George Kailous who is spreading nonsense and FUD in there.