NEW YORK: Movie-theatre chain AMC Entertainment Holdings Inc has agreed to buy a large stake in Hycroft Mining Holding Corp for US$ 27. 9mil( RM117. 13mil), capitalising on its popularity with retail investors to provide a financial lifeline to the troubled gold and silver mine operator. Hycroft, which owns a mine in northern Nevada, was on the verge of bankruptcy before AMC’s investment. Now, it plans to raise up to US$ 500mil( RM2. 1bil) by selling shares in the open market over time, Hycroft

NEW YORK:: Vertical Aerospace Ltd says it has secured US$ 50mil of new funding from founder Stephen Fitzpatrick, a cash injection that will prevent the flying taxi firm from running out of cash later this year. Fitzpatrick will provide a first US$ 25mil tranche of funding in March, which would value the company at US$ 10 per share, well above the current market price. The remainder would come by the end of July, with the pricing still to be decided and the amount dependent on how much outside ca