Replies to post #9048 on AMC Entertainment Holdings Inc (AMC)

[E-E]

New shares will be issued with new big player(s). We are unsure of the short percentage. Inaccurate reporting some might say. Others saying that AMC is a large international company and we do not know how this gets carried forward to the US portion. Class B shares are converted to Class A

I quote:

A U.S.-based division of Wanda (AMC China) converted its Class B common stock in AMC to Class A shares on Monday, Feb. 1, "in order to permit sales of its common stock," AMC revealed in a filing with the Securities and Exchange Commission on Friday.

Quote source: Feb 8

I meant to add the link:
https://www.cnbc.com/2021/02/08/chinas-wanda-group-converts-amc-stock-to-permit-sales-of-its-shares.html