Cinemark Holdings, Inc. CNK today announced that it is filing a prospectus supplement to its existing shelf registration statement with the U.S. Securities and Exchange Commission relating to an underwritten public offering by Madison Dearborn Capital Partners IV, L.P. of 8,000,000 shares, The Mitchell Special Trust of 1,000,000 shares and Lee Roy Mitchell of 1,000,000 shares of Cinemark's common stock.
Upon completion of the offering, Madison Dearborn Capital Partners IV, L.P., The Mitchell Special Trust and Lee Roy Mitchell will own approximately 9%, 4% and 5% of Cinemark's common stock, respectively. Cinemark will not receive any proceeds from this sale of its common stock.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in