AMC Court Case – 25/04/2023 – Key Transcript Points

AMC court-case KEY:

– Special Master confirmed

– All information will be given for shareholder views

– Going to take longer than 60 days (end of June pitched by Judge)

– AMC lawyer trying to push up the timing: “Capital Raising”

– “Summer a quiet period”

– AMC lawyer trying to pull it down from 45 days to 15 days review

– Judge told AMC laywer to file a “scheduling order”

– Judge is reiteration to the lawyer: “stockholders need full information”

– “Stockholders can make their views known by submitting a written objection to court”

– 4 million AMC SHAREHOLDERS CONFIRMED

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ROLE OF SPECIAL MASTER:

“Labour intensive aspect to the case”

“Unbaised memeber of delaware bar”