The sprayer will be used nightly during days of the week IPIC is closed to the public. The Evaclean Electrostatic Sprayer is a touchless disinfectant that reaches four-times the greater surface area compared to traditional cleaning equipment. “This will allow for us to quickly identify and address temperature abnormalities for individuals walking into IPIC Theaters,” said Safran. Exhibition remains divided on checking guests’ body temperatures, however, those establishments that have recently reopened in certain states are exercising such measures. Attendees, employees, and vendors will be required to pass through such thermal readers in order to have their body temperatures checked at IPIC locations. Client: iPic Entertainment Architect: Hodges & Associates Size: 34,000 SF Contract Value: 9,900,000. The 10-year-old company, which operates 16 locations with 121 screens, sold 818,429 shar. has gone public with a 15.1 million initial public offering. These new safety guidelines include implementation of the Centurion T165K EBT Thermal Scanner and Evaclean Electrostatic Sprayer. The luxury movie chain iPic Entertainment Inc. The Show Must Go On: 'Macbeth' Director Goes On Stage After Coronavirus Forces Another Actor Out In addition, we’ve acquired new technologies to help maintain the health of everyone in our cinemas and restaurants.” “We have developed new standards to limit interactions between guests and team members, while still delivering the same premium experience that our guests expect. ![]() “During the closure, IPIC Theater’s priority has been to develop a way to offer our unique cinematic and dining experience where our guests can entrust that we have done everything possible to ensure their wellness,” said Paul Safran, IPIC Theater’s CEO and Legal Counsel in a statement. Also, the circuit’s locations in New Jersey, Illinois, Maryland, Florida and Washington remain closed. No dates listed yet for IPIC California locations in Pasadena and Westwood, as the state hasn’t fully allowed cinemas to reopen yet. IPIC will play catalog movies upon reopening “at a special ticket price.” attracts a monthly unique visitor traffic 42,353 visitors. Ipic Theaters has an estimated web sales of 1M-5M. It is headquartered in United States of America. Pachulski Stang Ziehl & Jones LLP is serving as legal counsel to iPic, Aurora Management Partners is serving as financial advisor, and PJ Solomon is serving as an investment banker to the company, according to a press release.IPIC Theaters announced today that it will start reopening its luxury dine-in chain in its Texas locations, starting with the Fairview and Houston sites on June 4 followed by Austin on June 11. Ipic Theaters is an arts and entertainment retailer with online presence and sell entertainment art related products. The Teachers' Retirement System of Alabama has agreed to provide iPic with a $16 million bankruptcy loan, according to court documents. Before filing for bankruptcy, iPic negotiated with its lenders who now have a 90-day window for iPic to be sold or recapitalized. IPic is trying to sell itself, according to court documents. A pioneer of the dine-in theater concept, IPIC Theaters. The company had warned investors last week that it might file for bankruptcy after it missed an interest payment to the Employees Retirement System of Alabama and the Teachers' Retirement System of Alabama totalling $10.1 million, according to a company filing. IPIC Atlanta is a nine-screen, 426-seat luxury theater now open at the reimagined Colony Square. Current management will stay in place to work with the company's restructuring advisors and continue business uninterrupted, the company said. In addition, delays in building a Delray Beach location resulted in unexpected costs that slowed down other development and openings for the company, Hashemi said.
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