These are the preliminary counts as of the end of the Special Shareholders Meeting today. Thy are recorded to the best of my hearing. I will update this post with the final numbers when the Form 8K if filed with the SEC.
Meeting replay
Number of shares outstanding as of March 2023 : 1,033,686,000
According to AMC Entertainment‘s latest financial reports and stock price the company’s current number of shares outstanding is 1,033,686,000.
Update: Final Vote Results
Preliminary numbers/original post below. Link to Form 8-K filed on March 15, 2023 with vote results.
Inspectors of Election Preliminary Report Vote Count (end of meeting)
Proposal 1: Increase authorized shares of Class A Common stock from 524,173,073 to 550,000,000 shares
- 88.0% For
- 11.2% Against
- .08% Abstain
- Aggregate
- 978.3 million in favor
- 124.4 million against
- 9.5 million abstaining
- 67.5% of outstanding
| Proposal 1 Preliminary Count | ||
| FOR | 978.3 million | 88.0% |
| AGAINST | 124.4 million | 11.2% |
| ABSTAIN | 9.5 million | .08% |
| Votes cast represent approximately 65% of outstanding APE Units |
Aggregate AMC Common Shares (that voted)
- 72.5% For
- 26% Against
- 1.5% Abstain
- 132.2 million For
- 47.4 million Against
- 2.8 million Abstain
- Votes cast represent approx. 35% of outstanding AMC shares.
Aggregate APE Units (Preferred)
- 91.0% For
- 8.3% Against
- .07% Abstaining
- 530.8 million For
- 48.3 million Against
- 4.2 million Abstain
| Aggregate APE Units (Preferred) | ||
| FOR | 530.8 million | 91.0% |
| AGAINST | 48.3 million | 8.3% |
| ABSTAIN | 4.2 million | .07% |
| Votes cast represent approximately 63% of outstanding APE Units |
APE Votes proportionately cast by Depository (instructions not provided)
- 91% for
- 8.3% Against
- .07 Abstaining
- 315.4 million For
- 28.7 million Against
- 2.5 million Abstaining
- Same as APE units that were voted
Proposal 2: Reverse split of Class A Common Stock at 1:10 ratio
- 87.3% of vote cast for
- 11.9% against
- .08% abstaining
-
- Aggregate Votes
- 971.1 million For
- 132 million Against
- 9.1 million Abstain
Votes cast represent 67% outstanding shares entitled to vote.
| Proposal 2 Preliminary Count | ||
| FOR | 971.1 million | 87.3% |
| AGAINST | 132 million | 11.9% |
| ABSTAIN | 9.1 million | .08% |
| Votes cast represent approximately 65% of outstanding APE Units |
Proposal 2 AMC Common (that voted)
- 70.4% for
- 28.2% Against
- 1.4% Abstain
- 128.4 million For
- 51.4 Against
- 2.6 million Abstain
Votes cast represent approx. 35% of outstanding AMC shares.
APE Preferred Unit aggregate
- 90.6% For
- 8.7% Against
- .07% Abstain
- 528.7 million For
- 50.5 million Against
- 7.1m Abstain
Votes cast represent 63% of outstanding APE
APES without instructions
- 90.6% For
- 8.7% Against
- .07% Abstain
- 314.1 million For
- 30 million Against
- 2.4 million Abstain
Proposal 3 – Meeting adjournment for additional meetings if necessary
- 87.2% In favor
- 11.6 Against
- 1.2 Abstain
Final tabulation report will be reported on SEC Form 8k
