Joshua Aaron 🦍🚀❤️🍿

I am delighted to share this extremely important news with all of you. AMC has successfully raised $325 million of new equity capital through the issuance of 40 million shares via our at-the-market equity raise, which started September 6 and which now has been completed.This material increase to our cash position means that any talk of immediate and imminent financial collapse right now by AMC is moot.   We still have many challenges, including Hollywood must resolve the current actors and writers strikes. But regardless, AMC is now a much stronger company given our increased level of cash.   Like you, the coming together of AMC common and preferred stock along with the reverse stock split in August decreased both my number of owned and granted-but-unvested AMC shares/units. So, I currently have an economic interest in more than 800,000 AMC shares now, rather than the more than 8 million AMC shares and APE units previously.    In turn, that means I personally experienced the great pain felt by all AMC shareholders at the recent decline in our stock price.    Looking though to our clearly having extended AMC's viability, it is comforting to know that AMC has strengthened our company by so significantly increasing our cash on hand.

Wanting some good news from AMC? It doesn't get any better than this. In addition to last weekend being the highest grossing AMC weekend in 4 years, the week of July 21-27 was the highest grossing for AMC in our entire 103-year history. The best in ONE HUNDRED AND THREE YEARS !!!

I was delighted by the NBA & NHL playoffs today, but it doesn’t change how FURIOUS I still am that “allegedly” Robinhood posted today that AMC filed for bankruptcy. We didn’t !!!! There aren’t enough words to describe the incomprehensible incompetence. I vote we should sue. You?