Carmike Cinemas, Inc. (CKEC) said Wednesday that it has commenced an underwritten public offering of 4 million shares of its common stock.
In addition, the company expects to grant the underwriters a 30-day option to purchase up to an additional 600,000shares of common stock, on the same terms and conditions, to cover over-allotments, if any. Carmike said it plans to use the net proceeds from the offering for general corporate purposes.
Macquarie Capital is acting as the sole book-running manager for the offering.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.