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0.00440528634361244 0.00440528634361244 0.00392070484581503 0.00405286343612349 0.00440528634361244 0.00440528634361244 -0.00431718061674 -0.00440528634361224
Stock impact report

AMC Entertainment Holdings, Inc. Transfers the Majority of its Equity Investment in Hycroft Mining Holding Corporation to Sprott Mining for a Net Consideration of $24.1 million

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Business Wire
AMC converted the majority of its Hycroft investment into cash, receiving an amount approximately equal to the original capital invested in the transferred securities.AMC retains both an equity investment and warrants for more than one million shares to participate in the ongoing success of Hycroft.The transaction re-allocates capital towards attractive opportunities in AMC’s core theatrical exhibition business.The transaction is expected to generate an accounting profit of approximately $7.9 million in the fourth quarter ending December 31, 2025. LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), today announced that it has completed a transaction to transfer the majority of its equity investment in Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft”) to Sprott Mining, a private Canadian corporation owned by one of the world’s leading gold and silver investors, Eric Sprott.Under the terms of the private transaction, AMC Show less Read more
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