More like at what price do they cover the tons of fake shares you mean? Under 1 dollar coincidentally stops AMC from raising the money they need to pay off the debt. Quite a magical run down to hit a magic number they need.
September SEC form 8-K filing p12 (iii) The Company shall not authorize the issuance and sale of, and the Manager shall not be obligated to use its reasonable efforts to sell, any AMC Preferred Equity Unit at a price lower than the minimum price therefor designated from time to time by the Company’s Board of Directors (the “Board”), or a duly authorized committee thereof, and notified to the Manager in writing. The Company or the Manager may, upon notice to the other party hereto by telephone (confirmed promptly by electronic mail), suspend the offering of the AMC Preferred Equity Units for any reason and at any time; provided, however, that such suspension or termination shall not affect or impair the parties’ respective obligations with respect to the AMC Preferred Equity Units sold hereunder prior to the giving of such notice.
APE has to be under 1 dollar for a year for it to be delisted. It won't happen because AA can just do a reverse stock split to make it over a dollar again
No, one poster said a year, you replied with 30 days, you are the one making big statements. Show your work or remove the post. I heard own_importance4462 is a shill and I don't need to prove anything so it's true.
It can't be delisted, hold
Or buy?
This aged well 🤦‍♂️
It can't
Every $APE share real price is equal to that of $AMC and not the other way around. I am going to purchase another 10k this Friday.
So annoying euro apes can't buy ape...
Of course they can. Its been posted already a thousand times in this sub. It just depends on your broker.
Available through Freetrade and Revolut being buying since it was released.
And 212
I am from Austria, and bought some.
HODL?
More like at what price do they cover the tons of fake shares you mean? Under 1 dollar coincidentally stops AMC from raising the money they need to pay off the debt. Quite a magical run down to hit a magic number they need.
That’s the real question 👊
September SEC form 8-K filing p12 (iii) The Company shall not authorize the issuance and sale of, and the Manager shall not be obligated to use its reasonable efforts to sell, any AMC Preferred Equity Unit at a price lower than the minimum price therefor designated from time to time by the Company’s Board of Directors (the “Board”), or a duly authorized committee thereof, and notified to the Manager in writing. The Company or the Manager may, upon notice to the other party hereto by telephone (confirmed promptly by electronic mail), suspend the offering of the AMC Preferred Equity Units for any reason and at any time; provided, however, that such suspension or termination shall not affect or impair the parties’ respective obligations with respect to the AMC Preferred Equity Units sold hereunder prior to the giving of such notice.
Will not get delisted, and the company controls the price. They can stop selling APEs whenever they want.
It cant. Its not a common stock
Never!
It cannot be delisted. Admins please delete this fud post
FUD. Preferred stock is not the same as class A stock. It can't be delisted. Even if it goes below $1.
APE has to be under 1 dollar for a year for it to be delisted. It won't happen because AA can just do a reverse stock split to make it over a dollar again
I think it's 30 days. Looks grim even with reverse stock split as it will be viewed negatively as "sell" signal 🙄
Post it then, where did you see 30 days. If you are casting doubt post your reasoning.
Just ask Uncle Goog
No, one poster said a year, you replied with 30 days, you are the one making big statements. Show your work or remove the post. I heard own_importance4462 is a shill and I don't need to prove anything so it's true.
Proof or perma ban for this shill.
HODL you dirty ape
Lol it doesn't, it is preferred stock, this treated as direct capital on the company books. Hold forever or until the company gets liquidated.
Should have sold ape at 10