
The registered direct offering of 95.25 million shares will fund the redemption of AMC’s 6.125% notes due in 2027.
AMC stock fell 25% after the company disclosed plans to raise $200 million through a registered direct offering, a capital-raising method that sells shares directly to investors. The deal covers 95.25 million shares, and AMC said the proceeds are earmarked to redeem its 6.125% notes due in 2027, pointing to a balance-sheet move that shifts pressure from debt toward shareholder dilution.