Cinema chain AMC Entertainment Holdings is looking to raise yet more fresh cash as it offered guidance to Wall Street on its faltering financial performance that fell short of analyst expectations.
Cinema chain AMC Entertainment Holdings is looking to raise more fresh cash as it offered guidance to Wall Street on its faltering financial performance that fell short of analyst expectations.
"In the event the company determines that these sources of liquidity will not be available to it or will not allow it to meet its obligations as they become due, it would likely seek an in-court or out-of-court restructuring of its liabilities, and in the event of a future liquidation or bankruptcy proceeding, holders of the company’s common stock would likely suffer a total loss of their investment," AMC said in the SEC filing as it discussed a possible bankruptcy filing.
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