Welcome to Investor Network



Welcome to “Investor Network by JD” (IN) and our goal is networking for results!  Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your I’s and crossing your T’s. As life is all about fun and results!” – JD Morris

This is a Beta Blog and we hope in the near future to launch an amazing blog for people interested in “Capital” ranging from Venture Capital to Private Equity.

Join your host “JD Morris” on LinkedIN:  http://www.linkedin.com/in/jdmorris

Happy Investing & Networking,

JD Morris


JD Morris



New Blog Coming Soon! Finalizing Name

We are so close to launching our new website.  We have another BETA website ready with the following URL:


It comes down to final name!

Investor Network Destination or Investor Network Destinations.

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New Funds 20180920 IN Pipeline

I have had the pleasure of working with some of the best know and some of the unknown private equity and venture capital firms.  Both have amazing partners that will help you grow your business and its value.  If you want to get into the game, let me tell you about blank check funds.

DISCLAIMER: This is a beta blog.  The information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.


  • Building Ventures, an early-stage investor committed to innovation in the built world, has launched officially
  • Amplify Partners, a Menlo Park, CA-based early-stage venture capital firm that invests in radically technical founders solving technical problems for the enterprise, closed its third fund, at $200m
  • Investment management firm Hillhouse Capital closed Hillhouse Fund IV, L.P., with aggregate commitments of US$10.6 billion
  • SaaS Capital, a Cincinnati and Seattle-based provider of committed credit facilities to Software-as-a-Service (SaaS) companies, closed its third fund, with $75m in limited partner commitments
  • Aflac Incorporated (NYSE :AFL) is increasing its original investment in the Aflac Ventures Fund from $100m over three years to $250 million over three to four years, as opportunities emerge

VC 20180919 IN Pipleine

Happy to see several Los Angeles based companies raising money.  If you are thinking of starting a company in Los Angeles, let me introduce you to one of the best entrepreneur lawyer in town (does 20-40 term sheet a year for early-stage companies).

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.


  • Public Goods, a NYC-based a direct-to-consumer brand selling basic necessities, raised $3m in seed funding

  • Empower, a San Francisco, CA-based financial technology company, raised $4.5m in funding

  • Illumix, a Menlo Park, CA-based integrated gaming and technology company combining mixed reality with environmentally-intelligent, world-scale augmented reality (AR) games, emerged from stealth mode and raised $8.6m in seed funding

  • The/Studio, a Los Angeles, CA-based on-demand, custom manufacturing platform for product development, raised $11M in Series A funding

  • ioTium, a Santa Clara, Calif.-based Software-Defined Converged Infrastructure company for the IIoT, raised $13.6m in Series B financing

  • Immune-Onc Therapeutics, Inc., a Palo Alto, Calif.-based cancer immunotherapy company dedicated to the discovery and development of novel biologic treatments, raised more than $33m in Series B funding

  • Ooda Health, a San Francisco, CA- and Salt Lake City, UT-based company focused on removing waste and inefficiency from healthcare administration, completed a $40.5m Series A funding round

  • Zumper, a San Francisco, CA-based residential rental startup, raised $46m in Series C funding

  • Trumid, a NYC-based financial technology company and electronic trading platform for corporate bonds, received a US$53m growth capital investment

  • Bread, a NYC-based marketing technology company that builds customizable financing solutions for brands and retailers, completed a $60m round of equity financing

  • Enigma, a NYC-based Data-as-a-Service company, raised $95m in financing

  • Postmates, a San Francisco, CA-based on-demand delivery company, raised $300m in funding

  • Jamf, a Minneapolis-based Apple device management company, acquired NoMAD, a provider of an open source and commercial set of software products that streamline Mac authentication and account management


The Studio, a startup that’s setting out to help merchants and product developers manufacture their own customized goods, has raised $11 million in a series A round of funding led by Ignition Partners, with participation from FJ Labs, VTF, WTI, Firebolt Ventures, and Interplay Ventures.

Founded in 2013, The Studio — which stylizes its name as The/Studio — targets anyone from individual creatives to boutiques and enterprises looking to design and produce their own custom products. Though it could be used for a single item, which many of its customers do for prototyping purposes, that can be more expensive. According to the company, the sweet spot for production is around 100 items, at which point the price is low enough for the customer to make a meaningful profit.

More via VentureBeat:  https://venturebeat.com/2018/09/19/the-studio-raises-11-million-to-grow-its-on-demand-product-manufacturing-platform/

Java Printing

20180918 IN Pipeline with M&A Defense deals that closed this year

Many of our Senior Executive Advisors #seaprogram have strong backgrounds in the Aerospace & Defense Industry.  From CFOs to Board of Directors!  Here is a highlight of some of the top deals in the industry.

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a  beta blog.

For an analysis or spreadsheet deals please contact JD Morris via contact provided on LinkedIn.


07/17/18 Federal Data Systems, LLC (FedData) Cyber / Intel McNally Capital, LLC P/E Sponsor
07/10/18 E-Innovative Services Group, LLC (E-ISG) Other Trapeze Software Group, Inc. [AssetWorks, LLC] Private Strategic
07/04/18 Effectiva Pty Ltd. Technical Services British Maritime Technology Ltd. (BMT) Public Strategic
07/02/18 Applied Defense Solutions, Inc. (ADS) C4ISR L3 Technologies, Inc. Public Strategic
06/30/18 TriTech Software Systems IT Services Bain Capital Private Equity P/E Sponsor
06/29/18 Meridian Technologies, Inc.; Meridian Staffing Services, Inc. Other White Wolf Capital, LLC [Consulting Solutions International, P/E Backed
06/26/18 Network Professionals Group, LLC Cyber / Intel Zivaro, Inc. Private Strategic
06/26/18 Wind River Systems, Inc. Cloud / Data TPG Capital P/E Sponsor
06/13/18 ViaSat, Inc. Limited-Motion Satellite Antenna Product Line C4ISR Odyssey Investment Partners, LLC [CPI International, Inc. P/E Backed
06/13/18 Allegiant International, LLC Other AE Industrial Partners, LLC [Belcan, LLC] P/E Backed
06/13/18 Horsebridge Defence and Security C4ISR ViaSat, Inc. Public Strategic
06/11/18 Kratos Public Safety & Security System Integration Business (PSS) Technical Services Securitas AB Public Strategic
06/07/18 Analytic Strategies (dba PlanetRisk Federal Services – PRFS) Cloud / Data Culmen International, LLC Private Strategic
06/07/18 MAG DS Corp. C4ISR New Mountain Partners P/E Sponsor
06/07/18 undisclosed company [J6 Enterprise Technology Services (JETS) Cyber / Intel TeraThink Corp. Private Strategic
06/05/18 Aranea Solutions, Inc. C4ISR Leidos Holdings, Inc. Public Strategic
06/01/18 Mountain Secure Systems C4ISR Cache Creek Industries, LLC P/E Sponsor
06/01/18 Polaris Alpha, LLC Cyber / Intel Parsons Corp. Private Strategic
05/31/18 Vencore, Inc. & KeyPoint IT Services DXC Technology Co. Public Strategic
05/31/18 Cubic Global Defense (CGD) Services Cyber / Intel GC Companies, The [Valiant Integrated Services, LLC] P/E Backed
05/31/18 Vencore, Inc.; KeyPoint Government Solutions, Inc. Cyber / Intel Perspecta, Inc. [formerly the U.S. Public Sector business of Public Strategic
05/29/18 LinQuest Corp. C4ISR Madison Dearborn Partners, CoVant P/E Sponsor
05/22/18 Ellumen, Inc. [T4NG business unit] C4ISR American Communications Solutions (ACS), LLC Private Strategic
05/15/18 Athenium, Inc. C4ISR In-Q-Tel [Weather Analytics, LLC] P/E Backed
05/15/18 SWS Environmental Services, Inc. Other J.F. Lehman & Co. [National Response Corp. (NRC)] P/E Backed
05/15/18 Technology Management Associates, Inc. (TMA) C4ISR SAP National Security Services, Inc. (SAP NS2) Public Strategic
05/14/18 BittWare, Inc. C4ISR Koch Industries, Inc. [Molex, LLC] P/E Backed
05/11/18 Xtreme Consulting Group, Inc. IT Services Digital Intelligence Systems (DISYS) Private Strategic
05/09/18 Fusion PPT LLC Cyber / Intel Quality Technology, Inc. (QuTech) Private Strategic
05/07/18 Sentinel Threat Intelligence Platform of Goldman Sachs Cyber / Intel NewSpring Capital [LookingGlass Cyber Solutions, Inc.] P/E Backed
05/02/18 Justice Systems, Inc. IT Services Arlington Capital Partners [Ontario Systems, LLC] P/E Backed
05/02/18 SoundCom Systems, Inc. Healthcare IT AMETEK, Inc. Public Strategic
05/01/18 PricewaterhouseCoopers Public Sector LLP Technical Services Veritas Capital Fund Management, LLC P/E Sponsor
04/30/18 Socrata, Inc. Cloud / Data Tyler Technologies, Inc. Public Strategic
04/25/18 Stinger Ghaffarian Technologies, Inc. (SGT) C4ISR KBR, Inc. [KBRwyle] Public Strategic
04/24/18 LaVezzi Precision, Inc. Other American Securities, LLC [MW Industries, Inc.] P/E Backed
04/23/18 Strategic Resources International, Inc. C4ISR Veritas Capital Fund Management, LLC [Peraton Corp.] P/E Backed
04/18/18 Anaren, Inc. C4ISR TTM Technologies, Inc. Public Strategic
04/17/18 Spirion, LLC Cyber / Intel The Riverside Company P/E Sponsor
04/16/18 Fourth Dimension Engineering, LLC Cyber / Intel Arlington Capital Partners [Polaris Alpha Holdings, LLC] P/E Backed
04/12/18 Black Forest Engineering, LLC Electronics Luminar Technologies, Inc. P/E Backed
04/11/18 STG Group Holdings, Inc. C4ISR SOS International, LLC (SOSi) Private Strategic
04/04/18 Atrenne Integrated Solutions, Inc. Electronics Celestica, Inc. Public Strategic
04/04/18 Client Network Services, Inc. (CNSI) Healthcare IT Alvarez & Marsal Capital (A&M Capital) P/E Backed
04/03/18 CSRA, Inc. Cyber / Intel General Dynamics Corp. Public Strategic
04/02/18 ECS Federal, LLC Cyber / Intel On Assignment, Inc. (ASGN, Inc.) Public Strategic
04/02/18 MHM Services, Inc. Healthcare IT Centene Corp. Public Strategic
04/01/18 RAI Government Services, LLC C4ISR Enlightenment Capital [Ian, Evan & Alexander Corp. (IEA)] P/E Backed
03/31/18 Technical Resource Group, Inc. (TRG) Other White Wolf Capital, LLC [Consulting Solutions International, P/E Backed
03/16/18 Cobham AvComm and Wireless T&M C4ISR Viavi Solutions, Inc. Public Strategic
03/15/18 Beltronics, Inc. Vehicle Up-Fitting Division Other Global Public Safety, LLC Private Strategic
03/12/18 Digital Signal Corp. Cyber / Intel StereoVision Imaging, Inc. Private Strategic
03/08/18 NGRAIN (Canada) Corp. Cyber / Intel Universal mCloud Corp. Public Strategic
03/06/18 Intelligent Decisions, Inc. (ID) [Applied Insight, LLC, ID Technologies, C4ISR The Acacia Group P/E Sponsor
03/05/18 BCS, Inc. Technical Services Syncom Group (Montero Williams International) P/E Backed
03/02/18 General Dynamics Information Technology (GDIT) Commercial Healthcare IT Veritas Capital Fund Management, LLC [Verscend P/E Backed
02/27/18 Axom Technologies, Inc. C4ISR Sagewind Capital, LLC [By Light Professional IT Services, LLC] P/E Backed

02/27/18 Sensor Technology Engineering, Inc. Other HEICO Corp. Public Strategic
02/21/18 Triathlon Computer, LLC IT Services Platinum Equity Holdings (PEH) [Electro Rent Corp.] P/E Backed
02/14/18 Integrity Applications, Inc. (IAI) C4ISR Arlington Capital Partners [Xebec Global Corp.] P/E Backed
02/14/18 Quantum Imaging (QI) Inc. C4ISR SemiConductor Devices (SCD) (Joint Venture of Rafael and Private Strategic
02/08/18 Eclipse Composites Engineering, LLC C4ISR CopaSAT, LLC Private Strategic
02/07/18 PTR Group, Inc., The Cyber / Intel Grindstone Partners, LLC [Fulcrum IT Services, LLC] P/E Backed
02/05/18 JTM Training Group, LLC Healthcare IT Blue Wolf Capital Partners, LLC [North American Rescue, LLC] P/E Backed
02/05/18 Veteran Corps of America Cyber / Intel InterFuze Corp. Private Strategic
02/02/18 Macfadden & Associates, Inc. Other Platinum Equity Holdings (PEH) [PAE] P/E Backed
02/01/18 Themis Computer C4ISR Mercury Systems, Inc. Public Strategic
01/29/18 CM Equity Partners, L.P. (CMEP) [RGS Associates, Inc. (RGS)] IT Services USfalcon, Inc. Private Strategic
01/26/18 Waste Control Specialists, LLC Other J.F. Lehman & Company P/E Sponsor
01/23/18 SENTEL Corp. Cyber / Intel Vectrus, Inc. Public Strategic
01/19/18 Rescue Essentials Other Point Lookout Capital Partners, L.P. [Tri-Tech Forensics, Inc.] P/E Backed
01/16/18 The Vine, LLC Other White Wolf Capital, LLC [Consulting Solutions International, P/E Backed
01/10/18 Crane & Co., Inc. (Crane Currency) Other Crane Co. Public Strategic
01/10/18 Karna, LLC Healthcare IT BlueCross BlueShield of South Carolina [The Celerian Group] Public Strategic
01/09/18 CGR Associates, Inc. Other Celero Strategies, LLC Private Strategic
01/09/18 Critical Capabilities, LLC Other ZRODelta P/E Backed
01/03/18 ITOS GmbH Other Edmund Optics, Inc. Private Strategic
01/02/18 Antkowiak Design Group, Inc. (ADG Creative) Other Chenega Corporation (MIOS) Private Strategic
01/02/18 ADG Creative Technical Services Chenega Corp. Private Strategic


VC 20180917 IN Pipeline with focus on VC deals

We have some of the most amazing Telecom advisors in our Senior Executive Advisors that done VC to IPO deals with a few amazing exits.  Contact JD Morris to learn more!

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a  beta blog.


  • HyperSat, a developer of hyperspectral imaging satellites, secured an initial $85m investment
  • ZenLedger, a Seattle-based provider of tax software for cryptocurrency investors and their accountants, raised $1.5m in funding
  • Jones, a New York City-based commercial insurance startup, raised $2.8m in seed funding
  • Scythe, Inc., an Arlington, Va.-based provider of an attack simulation platform, raised $3m in initial funding
  • Emplify, a Fishers, Indiana-based employee engagement measurement company, raised $7.5m in growth funding
  • Coda Biotherapeutics, Inc., a South San Francisco, a Calif.-based preclinical-stage biopharmaceutical company developing a chemogenetic gene therapy platform for the treatment of intractable diseases, raised $19m in Series A financing
  • Miach Orthopaedics, Inc., a Boston, Massachusetts-based company dedicated to developing bio-engineered surgical implants for connective tissue repair, raised $22.5m in Series A financing
  • Atreca, Inc., a Redwood City, Calif.-based biotechnology company focused on developing novel therapeutics based on a deep understanding of the human immune response, closed a $125m Series C financing.
  • Lucid Motors, a Newark, CA-based electric vehicle maker, received a US$1bn+ investment agreement with the Public Investment Fund of Saudi Arabia.
  • Dispatch, a Boston, MA-based customer-centric service logistics company, received a strategic investment of undisclosed amount
  • Passageways, a Lafayette, Indiana-based provider of secure collaboration software for employees and board of directors, closed a strategic growth investment from Five Elms Capital

DEAL OF THE DAY:  HyperSat, a developer of hyperspectral imaging satellites, secured an initial $85m investment.

The equity round was led by Incentrum Group.  The company will use the funds for the development and launch of its commercial constellation of high-resolution hyperspectral imaging satellites.

Led by Derek Woods, Founder and CEO, HyperSat will be finalizing the procurement of two Low-Earth orbit satellites capable of imaging 200+ spectral bands with a sub-10 meter ground sample distance.  These first satellites will form the foundation of what is expected to be an initial fleet of six hyperspectral remote sensing satellites.
The two first satellites are expected to be on orbit in 2020. Read More:  http://www.finsmes.com/2018/09/hypersat-secures-initial-85m-equity-investment.html

20180916 IN Pipeline with focus on Blank Check IPOs

Still a beta blog so we will still cover IPOs.   We have several Senior Executive Advisors that are CFOs of public companies as well as doing many IPOs in their past. #seaprogram

DISCLAIMER: Check with other sources as this is still beta blog for full details.

IPO 09-16-2018 IN PIPELINE

Longevity Acquisition Corporation (Black Check IPO NASDAQ)

Spartan Energy Acquisition Corp, (Black Check IPO NYSE)

Churchill Capital Corp (Blank Check IPO NASDAQ)

NIO Inc. ( NYSE: NIO )

Cushman & Wakefield PLC (NYSE: CWK )

  • New York, NY, Aug. 28, 2018 (GLOBE NEWSWIRE) — Longevity Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 4,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and are expected to begin trading tomorrow under the ticker symbol “LOACU”. Each unit consists of one of the Company’s ordinary shares, one warrant, each warrant enabling the holder thereof to purchase one-half of one ordinary share at a price of $11.50 per whole share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares, warrants and rights are expected to be listed on Nasdaq under the symbols “LOAC,” “LOACW” and “LOACR,” respectively.  The Company is a blank check company formed for the purpose of effecting a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on businesses that have their primary operations located in China.
  • New York, Aug. 23, 2018 (GLOBE NEWSWIRE) — Megalith Financial Acquisition Corp. (NYSE: MFAC.U, the “Company”) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “MFAC.U” beginning tomorrow, August 24, 2018. Each unit consists of one share of Class A common stock and one warrant to purchase one share of Class A common stock. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NYSE under the symbols “MFAC,” and “MFAC.W,” respective
  • Spartan Energy Acquisition Corp, a blank check company focused on the energy industry in North America, has debuted its IPO after pricing its 48 million shares at $10 per share. The stock began trading August 10, 2018 on the New York Stock Exchange under the ticker symbol “SPAQ.U.” Citigroup Global Markets Inc and Credit Suisse Securities (USA) LLC are the lead underwriters. Spartan Energy Acquisition Corp is backed by Apollo Global Management LLC.
  • SHANGHAI, China, Sept. 12, 2018 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE:NIO), a pioneer in China’s premium electric vehicle market, today announced the pricing of its initial public offering of 160,000,000 American depositary shares (“ADSs”) at a price to the public of US$6.26 per ADS for a total offering size of approximately US$1.0 billion, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents one Class A ordinary share of the Company. The ADSs are expected to begin trading on the New York Stock Exchange on September 12, 2018 under the symbol “NIO.” The offering is expected to close on September 14, 2018, subject to customary closing conditions.  Read More:  https://www.nasdaq.com/press-release/nio-inc-announces-pricing-of-initial-public-offering-20180912-00133
  • NEW YORK, Sept. 6, 2018 /PRNewswire/ — Churchill Capital Corp (the “Company”) announced today the pricing of its initial public offering of 60,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “CCC.U”. Each unit consists of one share of the Company’s Class A common stock and one half of one warrant. Each whole warrant is exercisable to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NYSE under the symbols “CCC” and “CCC WS,” respectively.  Churchill Capital Corp was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. READ MORE:  https://www.prnewswire.com/news-releases/churchill-capital-corp-completes-690-million-initial-public-offering-300710706.html
  • CHICAGO, IL, August 6, 2018 Cushman & Wakefield plc (“Cushman & Wakefield”) today announced the closing of its initial public offering of 45,000,000 of its ordinary shares, at a price to the public of $17.00 per share. In connection with the initial public offering, the underwriters exercised in full their option to purchase an additional 6,750,000 ordinary shares from Cushman & Wakefield. As a result, the total initial public offering size was 51,750,000 shares. The shares are listed on the New York Stock Exchange and trade under the symbol “CWK.”READ MORE: http://www.cushmanwakefield.com/en/news/2018/08/cw-announces-ipo-closing

blank check


Our senior executive advisors know Silver Lake well and would be happy to help with the right deal. #seaprogram  Our record is a letter of intent (LOI) in 24 hours with one of our private equity firms.

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a  beta blog.

M&A IN PIPELINE 09-15-2018

** AMC Entertainment Holdings Inc said it bought back 24 million shares from its top investor Dalian Wanda Group and issued $600 million worth of convertible notes to private equity firm Silver Lake.

** Kinder Morgan Inc has hired investment bank TD Securities to facilitate a potential sale of its Canadian business, which could fetch the U.S. pipeline operator as much as C$2.4 billion ($1.8 billion), people familiar with the situation told Reuters this week.

** British oil major BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan.

** German energy group Uniper has mandated investment bank Rothschild to explore a sale of its French assets, a person with direct knowledge of the matter said, under pressure from a planned exit from coal-fired power.

** U.S.-based recreational vehicle maker Thor Industries has emerged as the leading bidder for German family-owned peer Erwin Hymer Group in a deal valuing the company at more than 2 billion euros ($2.34 billion), people close to the matter said.

** German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros ($1.2 billion).

** Exchange operator Nasdaq said it planned to buy Swedish financial technology provider Cinnober in a deal valuing the business at around 1.7 billion crowns ($190 million).

** Australian office owner Investa Office Fund said it would postpone a shareholder meeting regarding a takeover offer from private equity firm Blackstone after receiving a rival bid. (Compiled by Bharath Manjesh and Shanti S Nair in Bengaluru).


LEAWOOD, Kan.–(BUSINESS WIRE)– AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”), announced today that it has entered into an agreement with Silver Lake, the global leader in technology investing. Under the agreement, AMC has issued $600 million senior unsecured convertible notes due 2024, bearing interest at 2.95% and convertible into AMC Class A common shares at $20.50 per share, before giving effect to the special dividend announced today. At $20.50 per share, the pre-dividend conversion price reflects a 17.1% premium to the Reference Price. The Convertible Notes were issued September 14, 2018.

A portion of the proceeds from the Convertible Notes has been used to repurchase 24,057,143 AMC Class B Common shares from, Dalian Wanda Group Co., Ltd (“Wanda”), which represents 31.7% of the AMC Class B common shares held by Wanda, at a price of $17.50 per share. Wanda now owns 51,769,784 AMC Class B Common shares.

A portion of the proceeds from the Convertible Notes will also be used to pay a $1.55 per share special dividend on September 28, 2018 to all AMC Class A Common and Class B Common shareholders of record as of September 25, 2018. The remainder of the proceeds will be used for transaction expenses and general corporate purposes.

Read More:  http://investor.amctheatres.com/file/Index?KeyFile=395005553