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AMC - Out Of Shares - Forward Contract 50M Sh Prospectus Update
AMC - Out Of Shares - Forward Contract 50M Sh Prospectus Update - What is a Forward Contract? On December 6, 2024, AMC Entertainment Holdings, Inc. (NYSE: AMC) entered into a sales and registration agreement with Goldman Sachs & Co. LLC, from time to time acting in its capacity as (1) sales agent or (2) the Forward Seller of any and all Hedging Shares offered by the Forward Counterparty and Goldman Sachs International, acting in its capacity as Forward Counterparty, relating to an aggregate of up to 50,000,000 shares of Class A common stock.
What is a Forward Contract? A forward contract is a customized contract between two parties to buy or sell an asset at a specified price on a future date. A forward contract can be used for hedging or speculation, although its non-standardized nature makes it particularly apt for hedging.#TonyDenaro
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