Summary by Moomoo AI
Mudrick Capital Management, L.P. and affiliated entities, including Mudrick Capital Management, LLC, and Jason Mudrick, have filed a Schedule 13G with the SEC, disclosing their ownership stake in AMC Entertainment Holdings, Inc. The filing, dated July 22, 2024, indicates that the group collectively holds a significant number of shares in AMC Entertainment, with shared voting and dispositive power over 17,605,138 shares, representing 4.6% of the company's class. These shares are issuable upon conversion of Convertible Notes held by various funds and accounts managed by Mudrick Capital Management. The filing also details the ownership percentages of individual funds within the group, with shares ranging from 0.1% to 1.3% of AMC's outstanding common stock. The principal business office of the reporting persons is located at 527 Madison Avenue, New York, NY.