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tulla236a

08/04/22 4:43 PM

#105554 RE: Sonny Crockett #105549

i don't think they will be worth much, but that's not really the point. it will be the process of assigning who get these and what to do with the fake shares. if i own a fake share and my broker tells me that they don't have enough of the news ones to give me, then my brokers has to pay me for my fake share at what i am selling it for or make the short buy at my price.

Prudent Capitalist

08/04/22 5:01 PM

#105565 RE: Sonny Crockett #105549

Won't know what they will be worth until they start trading. but note in the details:

Trading of the AMC Preferred Equity Units will commence on August 22, 2022 (the ex-dividend date) and at that time AMC shares will no longer be entitled to receive the AMC Preferred Equity Unit dividend. Investors should note that on the ex-dividend date (August 22, 2022) the price of AMC Common Stock is likely to decline to reflect the fact that the shares purchased on or after such date will no longer be entitled to the dividend.