/biz/ - Business & Finance

>>50795227
>>50795435
>>50795462
so I failed to find any similar form 8-A12B on EDGAR (mostly due to unfamiliarity and being a retard). But from a form S-3 of AMC filed in 2020, AMC board could structure the preferred stock however they like without shareholders' approval, hence the 100:1 voting power ratio to cirrcumvent the 50 million preferred stock cap. The way I see it:
>AMC board issues 500 million APEs (equivalent to 500 million votes or 5 million preferred stocks) to AMCniggers
>the rest (4.5 billion APE / 4.5 billion vote / 45 million preferred stock) could be handed on a silver plate to Kenny or whoever else they want to achieve majority voting power
>vote to dilute AMC shares anyway
am I missing anything?