AMC Entertainment Holdings Inc, the world's largest theater chain, on Tuesday warned of a cash crunch and said it may have to go for in-court restructuring of liabilities if there are no sources of liquidity.
FILE PHOTO: Three women use the emergency exit stairs of an AMC movie theater as a makeshift gym in Smyrna, Georgia, U.S. April 27, 2020. REUTERS/Elijah Nouvelage
The company, whose shares fell nearly 4% in premarket trading, said it expects its cash resources to be largely exhausted by the end of this year or early 2021.
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