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APE-to-AMC conversion

On 22 Dec 2022, AMC announced APE-to-AMC conversion that would require shareholder approval.

So, what is APE-to-AMC conversion? It is where shareholder exchanges $AMC Preferred Equity Unit (APE.US)$ units for $AMC Entertainment (AMC.US)$ common shares.

Although there are no official dates yet for the APE-to-AMC conversion, the stock price for $AMC Preferred Equity Unit (APE.US)$ went to $1.73, higher than average price of $0.60 sold to Antara Capital LP.
So, if you were an $AMC Preferred Equity Unit (APE.US)$ shareholder, what would you do when the official dates are confirmed?
Interesting article(s):
AMC 1-for-10 Reverse Stock Split
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