Latham & Watkins Advises IMAX on US$220 Million Senior Notes Offering

IMAX Corporation (NYSE: IMAX), an innovator in entertainment technology, has announced the pricing of US$220 million aggregate principal amount of 0.75% convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the US Securities Act of 1933, as amended. In connection with the offering, IMAX granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional US$30 million aggregate principal amount of notes. The sale of the notes to the initial purchasers is expected to close on November 6, 2025, subject to customary closing conditions.

Latham & Watkins LLP represents IMAX in the offering with a Capital Markets team led by Washington, D.C. partners Patrick Shannon and Christopher Clark, with associates Zoey Wu, Emily Marshall, and assistance from Jane Lee. Advice was also provided on equity derivatives matters by New York partner Reza Mojtabaee-Zamani and counsel Christopher Yu, with associate Connor Jobes; on tax matters by New York partners Elena Romanova and Bora Bozkurt, with associate Claire Park and assistance from Brian Connor; on finance matters by Washington, D.C. partners Manu Gayatrinath and Katherine Putnam; and on benefits and compensation matters by Washington, D.C. partner David Della Rocca and counsel Richard Nettles.