AMC Gets ISS Backing for Its Preferred Conversion, Reverse Split

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AMC Gets ISS Backing for Its Preferred Conversion, Reverse Split

Seekingalpha2023-03-05

AMC Entertainment (NYSE:AMC) has won the support of influential proxy adviser ISS for its share increase and reverse stock split plan - a key endorsement of an approach that has generated controversy ...

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Chris68
·2023-03-05
👌
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- Chris68:
  Ok
  2023-03-05
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coltzilla
·2023-03-05
👍🏼
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DesmondLee
·2023-03-05
G
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JoeLeong
·2023-03-05
@Zacyai [Doubt]
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Vincentan59
·2023-03-05
Wow not very good 😊 thanks
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ongcjeric
·2023-03-05
J
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bostonxsgp
·2023-03-05
Like please [Smile]
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href=https://seekingalpha.com/news/3944122-amc-gets-iss-backing-for-its-preferred-conversion-reverse-split><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment (NYSE:AMC) has won the support of influential proxy adviser ISS for its share increase and reverse stock split plan - a key endorsement of an approach that has generated controversy ...</p>\n\n<a href=\"https://seekingalpha.com/news/3944122-amc-gets-iss-backing-for-its-preferred-conversion-reverse-split\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://seekingalpha.com/news/3944122-amc-gets-iss-backing-for-its-preferred-conversion-reverse-split","article_id":"2316185886","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2316185886","pubTimestamp":1677976340,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"AMC Entertainment (NYSE:AMC) has won the support of influential proxy adviser ISS for its share incr","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线","APE":"AMC Entertainment Preferred"},"translate_title":"AMC获得ISS对其首选转换反向拆分的支持","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":1,"APE":0.9},"content_text":"AMC Entertainment (NYSE:AMC) has won the support of influential proxy adviser ISS for its share increase and reverse stock split plan - a key endorsement of an approach that has generated controversy among investors.Institutional Shareholder Services has joined adviser Egan-Jones in backing the management initiatives.The movie-theater operator is headed toward a March 14 meeting where it's seeking shareholder approval for three proposals, including converting a series of its AMC Preferred Equity units - (APE) - into common stock, and executing a 1-for-10 reverse stock split.That's a move to allow the company to improve its finances and reduce debt via a $110M raise - and ISS is now on board with it.\"Your voting YES (“FOR”) is crucial for AMC to survive and thrive,\" AMC CEO Adam Aron said on Twitter.Heading into Friday's market close, AMC stock (AMC) was up 7.3%, while the preferred stock (APE) was up 8.4%.While the vote will take place on March 14, a Delaware judge has set late April for a hearing on a preliminary 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class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9940257293,"gmtCreate":1677979930313,"gmtModify":1677979933089,"author":{"id":"3568417699183011","authorId":"3568417699183011","name":"coltzilla","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"👍🏼","listText":"👍🏼","text":"👍🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940257293","repostId":2316185886,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940255665,"gmtCreate":1677979433758,"gmtModify":1677979437495,"author":{"id":"3569196607026906","authorId":"3569196607026906","name":"DesmondLee","avatar":"https://static.tigerbbs.com/146720d643ee09b0a408a9718d1ede85","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940255665","repostId":2316185886,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940250082,"gmtCreate":1677977773246,"gmtModify":1677977776245,"author":{"id":"3582643296059275","authorId":"3582643296059275","name":"JoeLeong","avatar":"https://static.tigerbbs.com/b6b27c46f3780eb973e5ec1292ab73ec","vip":1,"hat":"https://static.tigerbbs.com/622fc56f7e67b5729addb4e78a195511","crmLevel":2,"crmLevelSwitch":0},"htmlText":"<a href=\"https://ttm.financial/U/3586342075674877\">@Zacyai&nbsp;</a>[Doubt]&nbsp;","listText":"<a href=\"https://ttm.financial/U/3586342075674877\">@Zacyai&nbsp;</a>[Doubt]&nbsp;","text":"@Zacyai [Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940250082","repostId":2316185886,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940225740,"gmtCreate":1677977342680,"gmtModify":1677977347020,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Wow not very good 😊 thanks&nbsp;","listText":"Wow not very good 😊 thanks&nbsp;","text":"Wow not very good 😊 thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940225740","repostId":2316185886,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940228017,"gmtCreate":1677976800340,"gmtModify":1677976804113,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"J","listText":"J","text":"J","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940228017","repostId":2316185886,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9940223857,"gmtCreate":1677976458579,"gmtModify":1677976462106,"author":{"id":"3584157491931754","authorId":"3584157491931754","name":"bostonxsgp","avatar":"https://static.tigerbbs.com/55d82efabeabddb18cc2d6ca7a71a36f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like please&nbsp;[Smile]&nbsp;","listText":"Like please&nbsp;[Smile]&nbsp;","text":"Like please [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940223857","repostId":2316185886,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":101,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}