Tech

After losing 99% of its value, MoviePass’ parent company is getting ready to ask shareholders to support its CEO and approve his pay

Helios and Matheson, the parent company of MoviePass, has scheduled another shareholder meeting. Unlike a meeting it canceled last month, this is its standard annual gathering of shareholders, where investors will get to vote on its director nominees and what it pays executives. Even those proposals could prove controversial, considering […]
After losing 99% of its value, MoviePass’ parent company is getting ready to ask shareholders to support its CEO and approve his pay
News

MoviePass’ parent company wants approval for a dramatic reverse stock split of up to 1-for-500, just months after its 1-for-250 one failed to stabilise the stock

MoviePass’ parent company, Helios and Matheson Analytics, will propose a reverse stock split of up to 1-for-500 to its shareholders in a special meeting next month. It’s the latest attempt by the struggling movie-ticket subscription service to not have the HMNY stock be delisted by the Nasdaq in mid-December. Next […]
MoviePass’ parent company wants approval for a dramatic reverse stock split of up to 1-for-500, just months after its 1-for-250 one failed to stabilise the stock