Summary by Moomoo AI
AMC Entertainment Holdings, Inc. (AMC) has announced the adoption of the AMC Entertainment Holdings, Inc. 2024 Equity Incentive Plan (the '2024 Plan'), subject to shareholder approval. The 2024 Plan is set to replace the expiring 2013 Equity Incentive Plan and aims to attract, retain, and motivate employees, consultants, and directors by aligning their interests with those of AMC's shareholders. The plan will offer various awards, including stock options and restricted stock units, with a total reserve of 25 million shares of common stock. The 2024 Plan will become effective upon shareholder approval, with no awards to be settled in shares until such approval is obtained. The announcement also detailed the proposed amendments to the company's Third Amended and Restated Certificate of Incorporation, which include...Show More