Tech Company Financing Transactions
Regal Funding Round
Regal, based in Knoxville, received $250 million in investment from private investors.
Transaction Overview
Company Name
Announced On
7/10/2024
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to upgrade its existing theatres in concert with respective real estate partners, including investments in luxury recliners and additional improvements to the moviegoing experience through upgrades to its digital channels including the website and app.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
101 East Blount Avenue
Knoxville, TN 37920
USA
Knoxville, TN 37920
USA
Phone
Undisclosed
Website
Email Address
Overview
Regal, a subsidiary of the Cineworld Group, operates one of the largest and most geographically diverse theatre circuits in the United States, consisting of 5,774 screens in 425 theatres in 41 states along with the District of Columbia and Guam as of April 2024. We believe that the size, reach and quality of the company's theatre circuit provides its patrons with a convenient and enjoyable moviegoing experience. We are committed to being "The Best Place to Watch a Movie!"
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Moshe Greidinger
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Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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