AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), announced today that it closed its previously announced registered direct offering of an aggregate of 95,250,000 shares of AMC common stock for gross proceeds of approximately $200 million (the “Offering”), before deducting agent fees and offering expenses.
AMC intends to use the proceeds from the Offering primarily to immediately call and soon thereafter redeem all of its $125,471,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027. As a result, AMC does not anticipate any material debt principal repayments coming due prior to calendar year 2029.
In addition, the proceeds will serve to pay related fees, costs, premiums and expenses associated with the Offering and the Senior Subordinated Notes redemption, as well as for general corporate purposes, which may include the repayment of other debt. The remainder of the proceeds will go toward the strengthening of AMC’s cash reserves, and of great importance, to growth-oriented investments in our theatres implemented and in place as soon as this autumn. While still evidencing discipline in our capital expenditures process, these targeted high-return projects will further enhance and elevate the moviegoing experience at some of AMC’s already-higher grossing theatres.
Commenting on the successful completion of the Offering, Adam Aron, Chairman and CEO of AMC Entertainment, said, “We are extremely pleased with the institutional investor interest in and support of AMC that we believe is reflected in this transaction. The successful completion of this Offering provides AMC with approximately $200 million of gross proceeds, meaningfully strengthens our balance sheet and cash position, and allows AMC to make some attractive growth-oriented investments as soon as this autumn at some of our already higher-grossing theatres.”
Aron continued, “Specifically, with these proceeds, we expect to repay all $125.5 million of our Senior Subordinated Notes due in 2027, reducing debt, lowering annual cash interest expense by approximately $7.7 million, and improving AMC’s debt profile with no currently expected maturities until calendar year 2029. At the same time, the Offering increases our cash reserves. We also can immediately commence a few targeted, high-return investments in seating upgrades and more premium screens at some of our most important theatres that will further differentiate the guest experience that distinguishes AMC.”
Aron concluded, “Throughout 2026, the theatrical business has been experiencing exceptional momentum with broad-based audience demand across multiple film genres. Just this past weekend, of course, TOY STORY 5 became the seventh different film in the past three months to generate a domestic opening weekend gross exceeding $75 million. When we look at the movies coming to our theatres in July, across the summer and towards year-end, in our opinion, the number of movies expected to open with a strong consumer response is sure to increase markedly. Taken together, our improved financial position and a considerably improved box office performance reinforce our confidence in AMC’s growth trajectory.”
Roth Capital Partners served as the sole placement agent for the Offering.
The shares described above were offered pursuant to a shelf registration statement on Form S-3 (File No. 333-293291), originally filed with the Securities and Exchange Commission (the “SEC”) on February 9, 2026. The Offering was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the Offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. Electronic copies may be obtained when available, from Roth Capital Partners, LLC, 888 San Clemente, Suite 400, Newport Beach, CA 92660, (800) 678-9147 or by email at rothecm@roth.com, or by accessing the SEC’s website, www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 850 theatres and 9,600 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit www.amctheatres.com.