AMC Entertainment ($AMC) has filed to sell up to $250 million in common stock, leading to a pre-market drop of 14.30%. The stock sale aims to boost liquidity due to low box office performance. Shares fell over 12% as the theater chain faces cash burn and struggles with soft box office numbers. The offering involves multiple sales agents including Citigroup Global Markets Inc., Barclays Capital Inc., B. Riley Securities Inc., and Goldman Sachs & Co. LLC. AMC's stock price has plummeted over 96% in just over 3 years, reaching $3. CEO Adam Aron has been criticized for selling stock while investors see their equity value diluted.