The world's largest theater chain said Friday it was getting the cash infusion from Madrid Capital Management, but will that be enough?

The company said it will need at least $750 million MAWR to fund the business through next year.

It plans to sell more equity and re negotiate rents in order to avoid filing for bankruptcy without a new round of funding.

The company said it will run out of cash in January.

Like other movie theater operators, it is struggling with delayed Hollywood releases and theater closures, including in two of its biggest markets, Los Angeles and New York City, in just the period from October 1st to November 30th.

AMC said overall attendance at his U.

S theaters plummeted 92% compared to a year earlier, and the struggle is likely to continue next year after Warner Brothers announced it would release all of its films in theaters and on its sister streaming service, HBO Max on the same day.

Like many tied to Hollywood, AMC strongly opposes the move, investors are worried AMC will collapse under the weight of the changes impacting the movie industry.

AMC shares were down 4% on Friday and have lost nearly 50% of their value this year.