AMC Entertainment Holdings Inc (AMC)

[Biobillionair]

That’s the actual wording….I was trying to dumb it down for the shorts to understand….thanks for posting the verbatim legal wording:

The AMC Preferred Equity unit will trade on the New York Stock Exchange under the ticker symbol “APE”.

Again thanks,

BB

If you hold AMC shares at close on Friday they convert 1:1 for APE, and on Monday that share trades at the price AMC closes at on Friday….I think the demand for AMC will be unusually high and the price will close higher than the current option chain suggests…keep your eye on the option chain for tomorrow…it’s going to be “sick”.

Meanwhile if you sell AMC shares tomorrow you don’t have to worry about that ticker going to the pink sheets….I assume it’ll will eventually be delisted and turn into a zombie stock.