AMC Entertainment to get $100 million investment from Mudrick Capital

AMC also said it would need at least $750 million of additional liquidity to fund its cash requirements through next year, adding that it would sell shares and renegotiate rents to prop up its finances and stave of a possible bankruptcy.

AMC had about $320 million in cash and cash equivalents as of Nov. 30, and in the absence of additional liquidity it expects existing cash resources to be depleted during January next year.

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