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hasn't even started yet.
there is more news coming easy read.
would not Suprise me . GREEN close.
$vgfcq ww
easy add agreed, more Acquistions coming, no brainer.
peeps selling at .0005 gonna be sorry
cmon fill me at ...005
Adding at these levels, absolute gift
$ANY still in here , bitcoin HOT.
$APE
$VGFCQ coppa
[b$VGFCQ was over .30c in naz short term .05 IMO and IMO only]
$VGFCQ was over .30c in naz short term .05 IMO and IMO only
$VGFCQ mooon shot
$APE AMC's APEs climb ahead of movie theater chain's shareholder vote
8:50 am ET March 14, 2023 (MarketWatch)
Print
By James Rogers
If the company's proposals are accepted by shareholders, AMC says its ability to raise capital will be boosted
AMC Entertainment Holdings Inc. is set to hold a key shareholder vote Tuesday. If the company's proposals are accepted by shareholders, AMC says its ability to raise capital will be boosted.
AMC's Preferred Equity units rose 7.5% before market open. The APEs, which made their debut last year, are down 22.7% in 2023. AMC's (AMC) stock, which has risen 34.2% this year, is down 0.5% premarket. The S&P 500 Index is up 0.4% in 2023.
On Sunday the movie theater chain's CEO Adam Aron tweeted that the proposals are "crucial for our future." The shareholder meeting will take place at 12pm ET.
Related: What's next for AMC? After Q4 beat, focus shifts to key shareholder vote
In January, AMC announced a special meeting of shareholders to be held March 14 to increase the number of AMC-authorized shares from just over 524 million to 550 million and to authorize a 1-for-10 reverse split of the company's common stock, converting AMC Preferred Equity units into shares of common stock. The move is part of the company's ongoing battle to eliminate debt, but it is facing court proceedings.
"We believe such litigation is without merit," AMC CEO Adam Aron said during a conference call to discuss the company's fourth-quarter results last month. "We will vigorously defend our position in this matter."
"The court has ordered that the March 14 vote shall take place on schedule, but that any implementation action resulting from the vote be held in abeyance until the court rules on the substance of the claims being made," Aron said. "So, the vote is on."
See Now: AMC stock tumbles after 14th consecutive quarterly loss, fourth straight year in the red
The AMC CEO urged shareholders to vote for the company's proposals. If the vote passes, the "ridiculous gap" between the price of an APE and the price of an AMC common share will disappear, he added, with the conversion resulting in a single price for all AMC equity. "What that means is that we will be able to raise capital on, in my opinion, more attractive terms," he said.
In February, the Allegheny County Pension Fund filed a lawsuit against AMC in the Delaware Court of Chancery, alleging that AMC's issuance of APEs circumvents the will of shareholders who want to prevent further share dilution.
Over the past two years, AMC has been on a roller-coaster ride that took it from beleaguered pandemic victim to meme-stock phenomenon. AMC used the steep rise in its share price to tap into equity and debt markets, raising $917 million in January 2021.
See Now: AMC asks NYSE and FINRA to 'lookclosely' at the trading of its stock
Of seven analysts surveyed by Factset three have a hold rating and four have a sell rating for AMC.
-James Rogers
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
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March 14, 2023 08:50 ET (12:50 GMT)
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[b$VGFCQ moons shot coming]
$VGFCQ moons shot coming
$VGFCQ Q play that hasn't run yet, was 30c on NAZ RUNNING NOW!!!
$VGFCQ Q play that hasn't run yet, was 30c on NAZ RUNNING NOW!!!
if i had to guess YES.
TPTW YEST NEWS late -----TPT Global Tech Subsidiaries TPT Strategic and IST, LLC Secures Letter of Intent for $357.9m Vertical Construction Loan From Dallas-Based Banks For Alabama Smart City Project
3:50 pm ET March 13, 2023 (Accesswire) Print
SAN DIEGO, CA / ACCESSWIRE / March 13, 2023 / TPT GLOBAL TECH, INC. ("TPTW' or "TPT Global Tech") (OTC PINK:TPTW)www.tptglobaltech.com based in San Diego, California, a leading-edge technology company, today announced its subsidiaries TPT Strategic, Inc. and Information Systems Technology (IST) have secured a Letter of Intent for a $357.9 million vertical construction loan from LNH Capital, and Prime One Lending Group both Dallas-based banks for its Alabama Smart city projects subject to underwriting, appraisal review and quality control standards among other customary underwriting activities.
All development and construction activities will be managed through its Real Estate and Development Technology division TPT Strategic OTCBB:INOQ. The company recently acquired Information Security and Training (IST), which is based in Huntsville, Alabama, with other offices in Tennessee, Mississippi, Kentucky, Louisiana, and Washington State. IST pivoted to a General Contracting firm 15 years ago completing over 100+ Federal Government Commercial and Industrial construction contracts.
"While it's been a long-ti
Yep and BITCOIN OVER 26K~
$ANY-BITCOIN PLAY
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$ANY watch this one ,
Ty glen
$ANY- bitcoin play - hasn’t run yet .GREEN
ty glen
GMBL?
$FRGT going NOW HOD
ty glen
$MWWC .0003 S going, peeps on it
$MWWC ...0003 NEWS,
ty glenn
$XELA RS gooooooooo
$VGFCQ check L2 ready to go
VGFCQ on hard watch
$XELA HUGEEEE Exela Technologies Announces New Funding, Amendment Increases Existing Securitization Facility to $185 Million and Other Related Transactions
8:30am ET 3/2/2023 Globe Newswire
GlobeNewswireMarch 02, 2023
Secures $51 million of new funding
$42 million reduction of debt maturing in 2023 on a combined basis
IRVING, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or the "Company") (NASDAQ: XELA, XELAP), a global business process automation leader, today reported its subsidiaries had obtained $51 million of new funding from B. Riley Commercial Capital, LLC ("BRCC") and an affiliate of BRCC through a combination of an amendment of the Company's existing $150 million PNC securitization facility to permit the addition of $35 million of junior secured financing, a separate sale of receivables, and an increase in availability under a revolving line of credit. The new securitization facility matures in June 2025 and bears interest at a per annum rate of one-month Term SOFR plus 7.5%.
These financings provided an additional $51 million of funding in February with an additional $4 million available subject to certain financial measurements. In connection with these transactions, a subsidiary of Exela prepaid $29 million of its existing BRCC term loan, reducing the outstanding term loan balance to approximately $15 million. The Company plans to use the incremental liquidity for general corporate purposes, debt obligations and transaction expenses.
The Company also announced it had purchased $13.4 million of 2023 unsecured Notes in accordance with its previously announced capital deployment strategy. Combined with the $29 million reduction of BRCC term loan, the prepayment and purchase resulted in
$XELA on hard watch