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bio33

08/17/22 2:06 PM

#107537 RE: StihlsawsRule #107536

AMC created the preferred stock which is AMC preferred equity that they are giving as you stated. btw AMC funded the preferred
https://www.investopedia.com/terms/p/preferredstock.asp

Right now the APE preferred doesn't exist from stand point it has not been issued and is not being traded until August 22 as stated.....
Once the APE shares are distributed to AMC common stock shareholders on August _, 2022 and are traded the value of the stock will be determined.....
The APE stock will open on Aug 22 at value of $4/share....the market will then determine it's value.....since it is a suppose split the assumption is AMC common will go down 1/2 in value and APE will be 1/2 value from close of AMC common on Friday.....but this is not necessarily true.....AMC common could stay at 80% and APE 20% or number of other scenarios....ori even vice versa ..my guess is APE will react more like IPO but this scenario is a little tricky so I'm not really projecting any values....I'll be watching the show and HOLDING both my AMC and APE....this is just my opinion
If you look at 4/1 split gme just did their share value went basically from $120/share about to $30/share after split....AMC is a little different it is actually being treated as dividend and APE shares are entity to themselves.....Adam IMO did his homework on this!!!!!
BTW this explanation is cursory if you really want more info one needs to do a lot more DD.....just like investing DD is VERY IMPORTANT....don't rely on msg board for DD IMO