This transaction follows the successful closing in February of a $150 million best efforts public offering of common stock and warrants, January of a $60 million convertible note PIPE transaction, December 2017 $60 million follow on offering and the November 2017 $100 million convertible note PIPE transaction. The Company may also use the proceeds to make other acquisitions. The proceeds of the offering will be used to increase the Company’s ownership stake in MoviePass or to support the operations of MoviePass and MoviePass Ventures to satisfy a portion or all of the amounts payable in connection with previously issued convertible notes and for general corporate purposes and transaction expenses. (“MoviePass”), the nation’s premier movie-theater subscription service. (NASDAQ: HMNY) (“HMNY”), a provider of information technology services and solutions and a majority owner of MoviePass Inc. The performance data quoted represents past performance and does not guarantee future results.Canaccord Genuity is pleased to announce that on April 23, 2018, it acted as sole book-running manager on the US$30 million follow-on offering of common stock for Helios and Matheson Analytics Inc. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. Equitymaster may hold shares in the company/ies discussed herein. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. All content and information is provided on an 'As Is' basis by Equitymaster. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information herein should be regarded as a resource only and should be used at one's own risk. Equitymaster is not an Investment Adviser. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.Įquitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.Īll rights reserved. Read all the related documents carefully before investing. Investment in securities market are subject to market risks. 10 Rules for Successful Long-Term Investing.Your Ultimate Guide to Penny Stock Investing. (Please do not use this option on a public machine)
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