Overview

• CMX filed under Subchapter V on July 3, 2025, aiming to complete its restructuring by early Q3 2025.
• The company expects available cash reserves and operating revenues to cover post-petition obligations, including vendor payments and payroll.
• All 28 U.S. dine-in theaters will remain open in the ordinary course to ensure minimal disruption for customers and suppliers.
• CMX says employees will continue receiving their usual wages and benefits without interruption during the proceedings.
• Restructuring efforts will evaluate and renegotiate lease agreements across its luxury theater portfolio to secure more favorable terms.