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The parent company of MoviePass just gave another indication that shareholders are balking at its plan to reverse split its stock
Helios and Matheson, which owns MoviePass, just hired a second company to solicit investor votes on its plan to boost its stock.
MoviePass parent company Helios and Matheson is being investigated by the New York Attorney General, who is probing whether the firm misled investors. Several shareholders interviewed by Business Insider applauded the move.
CNBC reported on Wednesday that New York Attorney General Barbara Underwood has launched an investigation into MoviePass' parent company, Helios and Matheson Analytics, for allegedly misleading investors.
Investors seem to be balking at MoviePass’ parents’ plans to reverse split its stock again — and for good reason
Helios and Matheson, the parent company of MoviePass, has postponed a shareholder vote on reverse splitting its stock for the second time in four months. Investors seem to be opposing the proposal — with good reason.
As MoviePass investors rage against management, its parent company has delayed a crucial shareholders meeting
Owner of MoviePass, Helios and Matheson Analytics, announced on Tuesday that it's delaying the special meeting of stockholders two weeks to vote on a reverse stock split.
Sinemia has launched Sinemia Enterprise, in which it will offer the technology for movie theaters across the globe can do their own movie-ticket subscription plan.
MoviePass’ parent company just freed up some room to sell more stock — after already increasing its share count by 80,000% since July
Helios and Matheson got its creditors to agree to reduce the number of shares it has to set aside for convertible debt.
Ted Farnsworth, CEO of MoviePass owner Helios and Matheson, said Tuesday it had raised $65 million in new funds. But the company now says some of that money came from debt agreements it struck months ago.
Sinemia CEO Rifat Oguz talks about his company's staying power and why offering movie ticket subscriptions is just the start of what he ultimately wants to do with the company.
The CEO of MoviePass' owner, Helios & Matheson, said on Tuesday that it had raised $65 million last month and that the movie-ticket subscription service was "not going anywhere."