Summary by Moomoo AI
On September 30, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.2% ownership stake in AMC Entertainment Holdings Inc., which represents 25,921,107 shares of Class A Common Stock. This filing was made under Rule 13d-1(b), indicating that BlackRock is a parent holding company or control person. The filing asserts that the shares were acquired in the ordinary course of business and not with the intent to change or influence the control of AMC Entertainment. The address of BlackRock's principal business office is listed as 50 Hudson Yards, New York, NY 10001. The filing includes a list of subsidiaries under BlackRock, Inc. that own 5% or greater of the outstanding shares of the security class being reported. Additionally, the document contains a power of attorney section, granting authority to specified individuals to execute documents necessary for compliance with regulatory ownership or control-person reporting requirements.
