The new equity and debt capital "means that any talk of an imminent bankruptcy for AMC is completely off the table."
With the mounting liquidity concerns, AMC’s stock dipped to its 52-week low of $1.91.
The movie theater chain will close more than 500 locations after movie studios delay big-ticket movies.
Cineplex accuses Cineworld of "buyer's remorse" and seeking to avoid its obligations under the merger agreement because of the COVID-19 pandemic.
The bankruptcy filing came shortly before a hearing in a suit seeking a court order that would compel CMX to close its acquisition of Star Cinema Grill.
The latest example of consolidation in the movie theater business gives Cineworld access to the world's largest box-office market.
The movie theater chain is expecting a Q2 loss of up to $178.5 million amid a 4.4% decline in U.S. box office sales.
The acquisition of the Nordic Cinema chain furthers AMC's goal of owning 20% of the world’s movie screens.
The deal will create the largest theater exhibition company worldwide, pushing AMC ahead of Regal Entertainment.
The deal adds to the Hollywood holdings of Chinese billionaire Wang Jianlin, creating the largest U.S. movie theater chain.
