Yahoo ape

AMC shares are surging after a Delaware judge blocked yahoo ape company from converting their APE shares into common stock, which would have diluted common shares.

Yahoo Finance's Alexandra Canal explains why investors are concerned about the conversion and why the stock is "not out of the woods" yet. That's been an interesting one, as we've tracked the shares sinking after a judge late last week approved the company's plans to convert its preferred equity units called APEs into common shares. Here you're taking a look at the AMC shares. Because they felt that if they issue-- if they do this conversion, it's going to dilute the value for existing shareholders, which indeed it will. That's why you see the AMC shares coming down.

Yahoo ape

Throughout much of the nineteenth century reports of something variously called the yahoo, hairy man or Australian ape--usually thought of as a remnant of some as yet undiscovered species of Australian animal--regularly emerged from the south-east corner of Australia. For long neglected, these records have in recent years been collected, published and subjected to debate. In the main the difficulty appears twofold--linguistic and epistemological. As for the first, the word 'yahoo', though originally coined by Jonathan Swift, was applied to what was probably the orang-utan in early nineteenth-century England, which may well explain its subsequent though different use in Australia. Secondly, the question of how we may have knowledge of such a creature is as discussed in the concluding paragraph usually answered by a demand that effectively bypasses the real issue. Certainly there are difficulties associated with observational data representing sporadic events of short duration. These, being usually recorded by ordinary people, are seen by scientists as lacking objectivity. In fact we need to take a wider view--such data are statements of an empirical nature and are therefore amenable to scientific enquiry. The real problem is that, whereas causal relationships may be confirmed by experiment or measurement, it appears impossible to verify fleeting, unforeseen events like the sighting of an unknown animal. There is, however, a solution to this problem.

In the main the difficulty appears twofold--linguistic yahoo ape epistemological. Crude Oil AMC has now filed a revised deal with the court citing its urgent need to raise capital.

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During a special shareholders meeting held on Tuesday, a preliminary report was announced to indicate the APE conversion proposal passed with million votes, or 88 percent of those cast, OKing the measure, and another million votes, or Just under one percent of shareholders abstained. The wider goal is giving AMC more flexibility to issue additional common equity in the future. The results of the special shareholders meeting paves the way for the exhibition giant to continue raising fresh cash to reduce its debt load by selling stock, instead of APE units, and increasing its authorized share base. The conversion of APE units as approved could be delayed with a possible Delaware Chancery Court injunction hearing planned for April The Delaware Court allowed the March 14 vote on the APE preferred units conversion to go ahead, but the planned court hearing in April could delay any new debt-raising action by AMC following the shareholder vote. The APE conversion vote will have the effect of eliminating a gap between the value of AMC common shares and its APE preferred dividend, which has hampered efforts to sell stock. In late Dec. The vote at the special meeting of shareholders was required to permit a wider conversion of APE units into AMC common shares. In early , AMC became a popular stock among retail investors after the company appeared close to bankruptcy amid the pandemic fallout at movie theater chains.

Yahoo ape

And that is AMC. And the move is an effort for AMC to remove its long-term debt off its books and potentially improve profitability. A couple of things to mention here. Where the stock is trading now is its lowest going back to January 25,

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On the other, when the CEO of the company is saying we urgently need to raise capital, and we can't do it in this way As for the first, the word 'yahoo', though originally coined by Jonathan Swift, was applied to what was probably the orang-utan in early nineteenth-century England, which may well explain its subsequent though different use in Australia. So, you know, there are a lot of questions now about what's going to happen next. I don't think I've had popcorn in a movie theater since I saw "Barbie". In other words, an account is made more probable to the extent that it is confirmed by an independent source. Here you're taking a look at the AMC shares. Dow 30 38, Source Citation. Because they felt that if they issue-- if they do this conversion, it's going to dilute the value for existing shareholders, which indeed it will. Read full article 3. But really that's almost a sideshow to this whole court goings on back and forth between AMC and the APE shares, which it wants to convert back into regular AMC shares and it wants to raise capital.

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Gold 2, Document Type: Article. Read full article 3. Most attendance and revenue in a weekend since Nasdaq 15, Couple of things going on. Use this link to get back to this page. Things that would make it that much more appealing to be a shareholder at the same time if it was a brand or an experience that you really did believe in and were attracted to, but at the same time, that coming in large disappointment to shareholders who had been legacy shareholders of some of those AMC holdings as well here. BRAD SMITH: It was a gimmicky type of way for them to really kind of annex themselves that much closer to a retail investor that had become a fan of AMC as well and kind of muddling that together with equity ownership. So this was a victory for the company because it wanted to be able to raise cash by making this conversion and potentially issue more shares as well. McCooey, who worked as a collector for the museum, is nowadays forgotten except by herpetologists. Story continues. Throughout much of the nineteenth century reports of something variously called the yahoo, hairy man or Australian ape--usually thought of as a remnant of some as yet undiscovered species of Australian animal--regularly emerged from the south-east corner of Australia.