AMC Entertainment Makes $56 Million Investment for 22% Stake in Hycroft Mining Holding Corporation
March 15, 2022
AMC Entertainment Holdings is investing $56 million to buy a 22% stake in Hycroft Mining Holding Corporation and to receive additional Hycroft warrants. The companies also expect the private placement closing on or about March 15, 2022, with AMC and co-investor Eric Sprott each funding $27.9 million in cash for units in Hycroft.
- Buyers
- AMC Entertainment Holdings Inc., Eric Sprott
- Targets
- Hycroft Mining Holding Corporation
- Industry
- Energy
- Location
- United States
- Transaction Type
- Growth capital
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