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Helios and Matheson Analytics Inc (CE)

Helios and Matheson Analytics Inc (CE) (HMNY)

0.000001
0.00
(0.00%)
Closed October 05 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.000001
Bid
0.00
Ask
0.00
Volume
1
0.00 Day's Range 0.00
0.000001 52 Week Range 0.0004
Previous Close
0.000001
Open
-
Last Trade
1
@
1.0E-6
Last Trade Time
Average Volume (3m)
150,358
Financial Volume
-
VWAP
-

HMNY Latest News

PURA Shows Strong PPS Triple Potential This Week - Possibly Higher!

PURA Shows Strong PPS Triple Potential This Week – Possibly Higher! Major PR Campaign This Week PPS Potential From $0.07 to $0.25 or Higher New Sales To Be Reported This...

MoviePass Owner Helios and Matheson Analytics to Restate 3Q Financial Results

By Aisha Al-Muslim MoviePass majority owner Helios and Matheson Analytics Inc. (HMNY) will restate financial results for the September-ended quarter after finding that it overstated revenue and...

MoviePass Films Begins Principal Photography on Axis Sally

Al Pacino and Meadow Williams star in the Michael Polish-directed WWII Holocaust drama The production company of Helios and Matheson Analytics Inc. (Nasdaq: HMNY), MoviePass Films LLC...

ALYI - BUY Recommendation Following $10 Billion Industrial Hemp Sector Market Penetration Announcement

New York, NY -- January 30, 2018 -- InvestorsHub NewsWire -- Alternet Systems, Inc. (USOTC: ALYI) is rated a BUY today by AmericanBulls.com.  The ALYI PPS is moving toward a $0.01...

MoviePass Films’ Border Receives Nomination for the 91st Academy Awards

Border has been nominated 19 times and won 9 different awards around the world The production company of Helios and Matheson Analytics Inc. (Nasdaq: HMNY), MoviePass Films LLC, announced...

Helios & Matheson Analytics Inc. Announces Confidential Submission of S-1 Registration Statement for Proposed Spin-off of Mov...

Helios and Matheson Analytics Inc. (Nasdaq: HMNY) (“HMNY”) today announced that MoviePass Entertainment Holdings Inc. (“MoviePass Entertainment”), a newly formed wholly-owned subsidiary of...

Helios and Matheson Analytics Inc. Announces $5.4 Million Registered Direct Offering Priced At-the-Market

Helios and Matheson Analytics Inc. (Nasdaq: HMNY) (“Helios”), a provider of information technology services and solutions and the 92% owner of MoviePass Inc., today announced that it has...

MoviePass Films Recognized With Significant Industry Awards

American Animals wins “Best Editing” and “Debut Screenwriter” at British Independent Film Awards and secured Independent Spirit Awards nomination for “Best Editing” alongside Monsters and...

MoviePass Subscribers Get Value-Added Options in 2019 Pricing Plans

Consumers Can Now Gain Access to Premium Format Screenings That Include IMAX and 3D and a Special Limited-Time Holiday Offer MoviePass™, the nation’s premier movie theater subscription...

MoviePass™ Promotes Khalid Itum to Executive Vice President

Former VP of Business Development to Drive Day-to-Day Operations, Elevate the Company Into Its Next Phase and Lead Integration Plan with Moviefone™, and MoviePass Ventures MoviePass™, the...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1001.0E-60.00011.0E-6233361.0E-6CS
4-9.9E-5-990.00010.00011.0E-6382931.0E-6CS
12001.0E-60.00011.0E-61503581.0E-6CS
26001.0E-60.00041.0E-62106404.109E-5CS
52001.0E-60.00041.0E-63946651.182E-5CS
156-0.000849-99.88235294120.000850.0011.0E-66467000.00010903CS
260-0.004299-99.9767441860.00430.0151.0E-6116069530.00343297CS

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HMNY Discussion

View Posts
brown4321 brown4321 3 weeks ago
I bought this stock years ago before ci knew what was going on with the management now I’m stuck with it I can’t sell something that’s got no value when it’s the chance you take on anything that you buy as far as stocks
👍️0
Pink 2 long Pink 2 long 2 months ago
Lyin Ted Farnsworth is finally in Jail. HMNY went under with all of our cash. It is over, time to move on.
👍️0
packerfan9 packerfan9 2 months ago
Just stop. There is no company. It is nothin g but a shell. CHP7 ended this company. They sold MP.
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StockItOut StockItOut 2 months ago
22.16M HMNY traded this year. High was $0.0004. Most was traded at 0.000001.

Even if all 22.16M HMNY shares traded at $0.0004, would be just $8,864 traded in all of 2024.

There's no market. Nothing here.

Good luck. Comparison to S&P is silly.

"Return" on HMNY is silly.
👍️0
StockItOut StockItOut 2 months ago
That's $1.45 of HMNY stock traded.
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brown4321 brown4321 2 months ago
Performance Overview: HMNY
Trailing total returns as of 7/30/2024, which may include dividends or other distributions. Benchmark is S&P 500
.
YTD Return
HMNY
1,900.00%
S&P 500
13.98%
1-Year Return
HMNY
100.00%
S&P 500
18.64%
3-Year Return
HMNY
87.50%
S&P 500
23.02%
5-Year Return
HMNY
91.30%
S&P 500
👍️0
packerfan9 packerfan9 2 months ago
Why did you post that? There is no more company or operations now for years because of chp 7 since then. This is dead.
👍️0
Bigstud is here Bigstud is here 2 months ago
Total Volume 1,450,251 today 7.29.24
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packerfan9 packerfan9 2 months ago
It is still an empty shell but no operations. MP was sold during the chp 7 years ago.
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brown4321 brown4321 3 months ago
Stock Price Targets
High $1,250.00
Median $1,250.00
Low $1,250.00
Average $1,250.00
Current Price $0.0000
HMNY-2024-hold
👍️0
brown4321 brown4321 3 months ago
If there is No HMNY left then I am looking at the trades that happen everyday why is this stock still trading almost everyday it at0.000 on the board -but 0.0002on the ticker site plus someone traded 3shares for 0.33 -someone trading under cover could be same person you say it’s bankrupt and I agree because that’s what was told to me and everyone else so you tell me what’s going on let’s hear your opinion about this stock it’s got a ask of -1250.00$$ explain this this to me because I got no idea what’s going on here it’s beyond me
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packerfan9 packerfan9 3 months ago
Okay. So what does that have to do with now? There is no company left.
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brown4321 brown4321 3 months ago
Bankrupt now but it had it day——Year Low Year Close Annual % Change
2019 0.0129 0.0164 0.0177 0.0075 0.0093 -41.88%
2018 463.5863 1807.5000 2442.5000 0.0124 0.0160 -100.00%
2017 1359.5506 777.5000 8225.0000 557.5000 1577.5000 91.21%
2016 1277.1301 347.5000 3437.5000 270.0000 825.0000 137.41%
2015 549.5857 457.5000 1200.0000 327.5000 347.5000 -30.50%
2014 1001.8431 1398.1068 1691.5068 437.5000 499.9750 -64.74%
2013 1173.3444 767.2578 2071.2329 721.7018 1417.8082 60.06%
2012 638.4030 481.9338 1110.1261 433.9802 885.8231 83.40%
2011 472.7438 569.4491 796.0299 177.4284 483.0127 22.09%
2010 532.7703 443.5709 1486.5619 341.6695 395.6173 -7.04%
2009 380.5367 299.7101 1138.8982 185.8202 425.5883 57.78%
2008 1037.0442 1198.8402 1438.6083 125.8782 269.7391 -76.32%
2007 2239.8969 1912.1502 3116.9846 1072.9620 1138.8982 -40.25%
2006 2534.4963 2817.2746 3806.3178 1798.2604 1906.1560 -30.57%
2005 4552.4055 4435.7089 8451.8237 1798.2604 2745.3441 -35.58%
2004 3236.6784 2181.8892 4495.6509 1924.1386 4261.8770 95.33%
2003 1249.9337 599.4201 2781.3094 479.5361 2181.8892 167.65%
2002 977.3402 719.3041 1630.4227 575.4433 815.2114 17.24%
2001 1762.0051 2781.3094 5394.7811 551.4665 695.3273 -75.00%
2000 14547.3554 11988.4024 23976.8048 2781.3094 2781.3094 -76.80%
1999 16109.9390 17694.8819 22777.9645 8991.3018 11988.4024 -28.57%
1998 22962.9285 26973.9054 29971.0060 11988.4024 16783.7633 -37.11%
👍️0
packerfan9 packerfan9 4 months ago
Unless need that tax lost. Yes stuck. Yet this one. Even if it is. The current shareholders have no reason to expect new owners to give them anything.
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StockItOut StockItOut 4 months ago
It's a good bet, waiting for the shell to be purchased and the stock revived. Why not?
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packerfan9 packerfan9 4 months ago
Why then I will not see the stupid posts like you are making. There is no company after chp 7.
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Filterthenoise Filterthenoise 4 months ago
But I bet youll stayed glued here. Cause its 'dead'🤣
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Filterthenoise Filterthenoise 4 months ago
Sure bud.Well take it off the list cause its 'dead'$HMNY
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Filterthenoise Filterthenoise 4 months ago
Sure bud.Well take it off the list cause its 'dead'$HMNY
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packerfan9 packerfan9 4 months ago
NO still on list I have. When I see nonsense posted. Sure I say something. Amazing people think it has a future after chp 7. MP was sold years ago thru bankruptcy.
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Filterthenoise Filterthenoise 4 months ago
Keep monitoring the board on this 'dead' shell lol🤑
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packerfan9 packerfan9 4 months ago
Safe lol. They are chp 7 and unless someone buys this shell. Money is gone. There is no more business.
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Filterthenoise Filterthenoise 4 months ago
My shares are safe, thx for caring 🤣🤑
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packerfan9 packerfan9 4 months ago
This went chp 7. There is no company to resurrect the symbol.
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Filterthenoise Filterthenoise 4 months ago
Holding strong for the resurrection of the ticker
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StockItOut StockItOut 4 months ago
Do you trade or sell the few hundred dollars worth of HMNY?
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Filterthenoise Filterthenoise 5 months ago
Is it alive? Go $HMNY !!
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Bigstud is here Bigstud is here 5 months ago
.0002 then there were .003s
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packerfan9 packerfan9 5 months ago
Okay so Like I said MP is no longer part of this stock.
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StockItOut StockItOut 5 months ago
Spikes paid well under the $250K minimum bid price that the BK court set, when after no bids were made. A bid proposal for purchase of the MoviePass asset was subsequently made by Spikes to the court for $140,000 that the court accepted.

https://time.com/6171018/moviepass-stacy-spikes-comeback/

.
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packerfan9 packerfan9 7 months ago
MP was bought for 250K years ago in bankruptcy. MP since then is not owned by this stock. That is why talk of MP is meaningless. As for how MP is doing. It is no longer owned by any public company.
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StockItOut StockItOut 7 months ago
MoviePass is privately owned.
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brown4321 brown4321 7 months ago
Who has all the shares of moviepass where are they I can’t find who own them
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packerfan9 packerfan9 7 months ago
What does that have to do with this stock? Nothing since they no longer own MP.
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brown4321 brown4321 7 months ago
MoviePass Reaches 1 Million Tickets Sold and Turns First Profit
By ETCentric Staff
February 20, 2024
MoviePass says it has sold more than 1 million tickets since relaunching last spring, and has also announced the first profitable year in the company’s 13-year history. Co-founder and CEO Stacy Spikes, who purchased the company out of bankruptcy in 2021, is giving artificial intelligence much of the credit for the turnaround. The MoviePass Cinematic Marketplace is an aggregator for the theatrical industry that uses AI and machine learning to improve attendance engagement and ticket sales. Spikes says hitting the milestones “highlights the powerful impact” the technology enhancements have had “from the previous business model.”

MoviePass uses a proprietary algorithm to allocate credits to movies based on a variety of factors, including days of the week and volume of business at participating theaters. MoviePass members pay to subscribe, then purchase tickets using the credits that come with their selected membership level.



The system “helps drive exploration of titles looking to compete against movies with much larger budgets,” according to MoviePass, which says in an announcement “that on average, there is a 40 percent shift to theater location offering the same movie for fewer credits.” The internal research also found that “members increase midweek attendance by 50 percent and go to an average of 2.4 different theater locations while using their MoviePass subscription.”

A CNET reporter says his own interaction with MoviePass found the system offers the most savings for weekday showings, but was priced almost identically to other first-run theater chains when attending “a new movie on a Friday night.” The writer goes on to call the recent milestones “particularly notable” considering the company’s tumultuous past.

Business Insider writes that “the movie-ticket-subscription service had become the butt of jokes for a couple of years when it famously dropped its monthly price to an unsustainable $10 a month in 2017, which led to a predictable bankruptcy.” Inc. recounts the downfall, and says Spikes paid only $140,000 to purchase the company at a liquidaton auction.

Though Spikes hasn’t revealed the number of memberships MoviePass has sold since its relaunch, nor publicly shared revenue, Business Insider says it was able to confirm the CEO’s profitability claim by “viewing internal data.”
👍️0
brown4321 brown4321 7 months ago
MoviePass Reaches 1 Million Tickets Sold and Turns First Profit
By ETCentric Staff
February 20, 2024
MoviePass says it has sold more than 1 million tickets since relaunching last spring, and has also announced the first profitable year in the company’s 13-year history. Co-founder and CEO Stacy Spikes, who purchased the company out of bankruptcy in 2021, is giving artificial intelligence much of the credit for the turnaround. The MoviePass Cinematic Marketplace is an aggregator for the theatrical industry that uses AI and machine learning to improve attendance engagement and ticket sales. Spikes says hitting the milestones “highlights the powerful impact” the technology enhancements have had “from the previous business model.”

MoviePass uses a proprietary algorithm to allocate credits to movies based on a variety of factors, including days of the week and volume of business at participating theaters. MoviePass members pay to subscribe, then purchase tickets using the credits that come with their selected membership level.



The system “helps drive exploration of titles looking to compete against movies with much larger budgets,” according to MoviePass, which says in an announcement “that on average, there is a 40 percent shift to theater location offering the same movie for fewer credits.” The internal research also found that “members increase midweek attendance by 50 percent and go to an average of 2.4 different theater locations while using their MoviePass subscription.”

A CNET reporter says his own interaction with MoviePass found the system offers the most savings for weekday showings, but was priced almost identically to other first-run theater chains when attending “a new movie on a Friday night.” The writer goes on to call the recent milestones “particularly notable” considering the company’s tumultuous past.

Business Insider writes that “the movie-ticket-subscription service had become the butt of jokes for a couple of years when it famously dropped its monthly price to an unsustainable $10 a month in 2017, which led to a predictable bankruptcy.” Inc. recounts the downfall, and says Spikes paid only $140,000 to purchase the company at a liquidaton auction.

Though Spikes hasn’t revealed the number of memberships MoviePass has sold since its relaunch, nor publicly shared revenue, Business Insider says it was able to confirm the CEO’s profitability claim by “viewing internal data.”
👍️0
packerfan9 packerfan9 7 months ago
This company does not own movie pass. It was sold during chp 7.
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StockItOut StockItOut 7 months ago
That's good PR. I think I'll rejoin MoviePass.
👍️0
brown4321 brown4321 7 months ago
NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- MoviePass Inc., the technology platform enhancing the exploration of film and the moviegoing experience, today announced that its members have seen more than one million on its new platform. The company also achieved its first profitable year ever. The average MoviePass member saved 35% on the cost of going to movies since MoviePass relaunched in beta during Q1 2023.

The MoviePass Cinematic Marketplace is an aggregator for the industry that uses AI and machine learning engines to improve attendance and performance. The proprietary credit system helps drive exploration of titles looking to compete against movies with much larger budgets. Based on internal member testing, MoviePass found that on average, there is a 40 percent shift to theater location offering the same movie for fewer credits. Members increase midweek attendance by 50 percent and go to an average of 2.4 different theater locations while using their MoviePass subscription.

"Reaching this pivotal milestone highlights the powerful impact of our AI and machine learning enhancements from the previous business model, while continuing to drive value for members and boosting attendance for partners profitably. But we could not have done it without the support of our MoviePass community," said Stacy Spikes, Co-Founder and CEO.

MoviePass continues to add new features that add value to its members. In November 2023, the company unveiled several new platform updates including online ticketing, virtual membership cards in the app, the ability to buy additional credits on top of existing subscription plans, and coming soon the option to see premium large format films, including IMAX.

MoviePass has the largest theater footprint of any subscription service featuring over 3500 locations across America and covering all 50 states with a reach of over 97 percent of the market.

About MoviePass Inc.
MoviePass is a technology platform enhancing the exploration of film and the moviegoing experience. Started in 2011, MoviePass quickly became the nation's premier movie theater subscription service, providing film enthusiasts with the ability to attend select new movies in theaters across the United States. After leaving the company when MoviePass was acquired in 2017, MoviePass’ Co-Founder and CEO Stacy Spikes bought the company’s assets out of bankruptcy and re-launched the company in 2022. To learn more, visit moviepass.com.

Contact
LaunchSquad for MoviePass
👍️0
brown4321 brown4321 7 months ago
NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) -- MoviePass Inc., the technology platform enhancing the exploration of film and the moviegoing experience, today announced that its members have seen more than one million on its new platform. The company also achieved its first profitable year ever. The average MoviePass member saved 35% on the cost of going to movies since MoviePass relaunched in beta during Q1 2023.

The MoviePass Cinematic Marketplace is an aggregator for the industry that uses AI and machine learning engines to improve attendance and performance. The proprietary credit system helps drive exploration of titles looking to compete against movies with much larger budgets. Based on internal member testing, MoviePass found that on average, there is a 40 percent shift to theater location offering the same movie for fewer credits. Members increase midweek attendance by 50 percent and go to an average of 2.4 different theater locations while using their MoviePass subscription.

"Reaching this pivotal milestone highlights the powerful impact of our AI and machine learning enhancements from the previous business model, while continuing to drive value for members and boosting attendance for partners profitably. But we could not have done it without the support of our MoviePass community," said Stacy Spikes, Co-Founder and CEO.

MoviePass continues to add new features that add value to its members. In November 2023, the company unveiled several new platform updates including online ticketing, virtual membership cards in the app, the ability to buy additional credits on top of existing subscription plans, and coming soon the option to see premium large format films, including IMAX.

MoviePass has the largest theater footprint of any subscription service featuring over 3500 locations across America and covering all 50 states with a reach of over 97 percent of the market.

About MoviePass Inc.
MoviePass is a technology platform enhancing the exploration of film and the moviegoing experience. Started in 2011, MoviePass quickly became the nation's premier movie theater subscription service, providing film enthusiasts with the ability to attend select new movies in theaters across the United States. After leaving the company when MoviePass was acquired in 2017, MoviePass’ Co-Founder and CEO Stacy Spikes bought the company’s assets out of bankruptcy and re-launched the company in 2022. To learn more, visit moviepass.com.

Contact
LaunchSquad for MoviePass
👍️0
brown4321 brown4321 7 months ago
Hmny -lost my whole investment in this stock also just bad investment picks account vale 37.00$ my list of bad choices-Hmny/pdiv/Hglc/Gncp/Fteg/Qoil/Vgid/fhbc -list of 10 years of bad picks millions of shares with no value well I 37.00 I can start over with better stocks
👍️0
packerfan9 packerfan9 7 months ago
What does that have to do with this stock? Nothing. She paid very little for MP.
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brown4321 brown4321 7 months ago
How MoviePass Finally Became ProfitableFounder Stacy Spikes bought back and relaunched his company in late 2022. These business-model tweaks helped MoviePass hit profitability.
BY BEN SHERRY, STAFF REPORTER@BENLUCASSHERRY
FEB 13, 2024
👍️0
StockItOut StockItOut 8 months ago
Surprising this is still trading two years after BK court finalization.
Wonder why?


MoviePass founder Stacey Spikes purchased MoviePass for $140,000. Original BK court bid started at $250.000, but there were no bidders.

https://time.com/6171018/moviepass-stacy-spikes-comeback/
👍️0
mokage mokage 8 months ago
I don't have a huge holding here. I was just shocked to see it up. I posted more as a joke than anything. I think this turd is dead
👍️0
packerfan9 packerfan9 8 months ago
LOL not anymore.
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mokage mokage 8 months ago
We are up 9,900%!!
👍️0
packerfan9 packerfan9 9 months ago
Why did this get posted? HMNY does not even own Movie pass anymore. Has not for years.
👍️0
brown4321 brown4321 9 months ago
HMNY Increases Stake in MoviePass™ Through Offering of $100M in Convertible Notes

NOVEMBER 13, 2017
MSK client Helios and Matheson Analytics Inc. (Nasdaq: HMNY), a provider of information technology services and solutions, and MoviePass Inc., a company in which HMNY has agreed to purchase a majority stake, announced that HMNY has entered into a securities purchase agreement with institutional investors for HMNY to issue convertible notes in the aggregate principal amount of $100,000,000 (the “Notes”), for the purpose of further funding MoviePass, and for general corporate purposes. HMNY is not obligated to register the resale of any shares underlying the Notes with the Securities and Exchange Commission. Absent registration, the investors may resell the shares underlying the Notes only pursuant to Rule 144 or another available exemption from registration.

The Notes will be convertible, at the option of the holders, at a fixed conversion price of $12.06, subject to adjustment.

The investors paid for the Notes with $5 million in cash up front and $95 million in investor notes payable to HMNY (the “Investor Notes”). The Investors are required to prepay approximately $15.65 million of the Investor Notes to HMNY in equal weekly payments over the next seven weeks. The investors may prepay the remaining balance of the Investor Notes, with the resulting cash being paid to HMNY, in their discretion.

The purpose of the financing transaction is to enable HMNY to pay the remaining $5 million balance that HMNY will owe to MoviePass, subject to certain conditions, under a promissory note that HMNY is obligated to give to MoviePass upon the closing of the previously announced Securities Purchase Agreement, dated August 15, 2017 and amended on October 6, 2017, between HMNY and MoviePass (as amended, the “MoviePass Purchase Agreement”), and to increase HMNY’s ownership stake in MoviePass by paying MoviePass up to $20 million upon HMNY’s exercise of its additional investment option under the Investment Option Agreement, dated October 11, 2017, between HMNY and MoviePass, and for any other transaction where HMNY increases its ownership interests or other rights and interests in MoviePass.

In connection with the financing, MoviePass entered into a waiver agreement with HMNY waiving any rights of MoviePass to terminate the MoviePass Purchase Agreement and all conditions to MoviePass’ obligations under the MoviePass Purchase Agreement. The closing of the MoviePass Purchase Agreement remains subject to approval by HMNY’s stockholders. MoviePass also entered into a guaranty with the investors in the financing guarantying HMNY’s obligations under the Notes.

Canaccord Genuity Inc. acted as sole placement agent for the financing. Palladium Capital Advisors LLC acted as a financial advisor to HMNY in connection with the financing.

MSK served as HMNY’s legal counsel in connection with the agreement to issue the Notes and related transactions between HMNY and MoviePass. Kevin Friedmann, Chairman of MSK’s Corporate & Business Transactions Department, led the MSK deal team. The MSK deal team also included MSK Partner Melanie Figueroa and Associates Blake Baron and Latore Price.

“We are proud to continue representing Helios and Matheson Analytics in its industry impacting transactions,” stated Mr. Friedmann. “And we are beyond gratified to help Helios further fuel MoviePass as it enhances the movie-going experience,” Mr. Friedmann concluded.

For additional information concerning the details of the financing, please refer to the Current Report on Form 8-K filed by HMNY with the U.S. Securities and Exchange Commission on November 6, 2017.

Media contact:
Doug Gold, Chief Marketing Officer
310.312.3712
👍️0
brown4321 brown4321 9 months ago
HMNY Increases Stake in MoviePass™ Through Offering of $100M in Convertible Notes

NOVEMBER 13, 2017
MSK client Helios and Matheson Analytics Inc. (Nasdaq: HMNY), a provider of information technology services and solutions, and MoviePass Inc., a company in which HMNY has agreed to purchase a majority stake, announced that HMNY has entered into a securities purchase agreement with institutional investors for HMNY to issue convertible notes in the aggregate principal amount of $100,000,000 (the “Notes”), for the purpose of further funding MoviePass, and for general corporate purposes. HMNY is not obligated to register the resale of any shares underlying the Notes with the Securities and Exchange Commission. Absent registration, the investors may resell the shares underlying the Notes only pursuant to Rule 144 or another available exemption from registration.

The Notes will be convertible, at the option of the holders, at a fixed conversion price of $12.06, subject to adjustment.

The investors paid for the Notes with $5 million in cash up front and $95 million in investor notes payable to HMNY (the “Investor Notes”). The Investors are required to prepay approximately $15.65 million of the Investor Notes to HMNY in equal weekly payments over the next seven weeks. The investors may prepay the remaining balance of the Investor Notes, with the resulting cash being paid to HMNY, in their discretion.

The purpose of the financing transaction is to enable HMNY to pay the remaining $5 million balance that HMNY will owe to MoviePass, subject to certain conditions, under a promissory note that HMNY is obligated to give to MoviePass upon the closing of the previously announced Securities Purchase Agreement, dated August 15, 2017 and amended on October 6, 2017, between HMNY and MoviePass (as amended, the “MoviePass Purchase Agreement”), and to increase HMNY’s ownership stake in MoviePass by paying MoviePass up to $20 million upon HMNY’s exercise of its additional investment option under the Investment Option Agreement, dated October 11, 2017, between HMNY and MoviePass, and for any other transaction where HMNY increases its ownership interests or other rights and interests in MoviePass.

In connection with the financing, MoviePass entered into a waiver agreement with HMNY waiving any rights of MoviePass to terminate the MoviePass Purchase Agreement and all conditions to MoviePass’ obligations under the MoviePass Purchase Agreement. The closing of the MoviePass Purchase Agreement remains subject to approval by HMNY’s stockholders. MoviePass also entered into a guaranty with the investors in the financing guarantying HMNY’s obligations under the Notes.

Canaccord Genuity Inc. acted as sole placement agent for the financing. Palladium Capital Advisors LLC acted as a financial advisor to HMNY in connection with the financing.

MSK served as HMNY’s legal counsel in connection with the agreement to issue the Notes and related transactions between HMNY and MoviePass. Kevin Friedmann, Chairman of MSK’s Corporate & Business Transactions Department, led the MSK deal team. The MSK deal team also included MSK Partner Melanie Figueroa and Associates Blake Baron and Latore Price.

“We are proud to continue representing Helios and Matheson Analytics in its industry impacting transactions,” stated Mr. Friedmann. “And we are beyond gratified to help Helios further fuel MoviePass as it enhances the movie-going experience,” Mr. Friedmann concluded.

For additional information concerning the details of the financing, please refer to the Current Report on Form 8-K filed by HMNY with the U.S. Securities and Exchange Commission on November 6, 2017.

Media contact:
Doug Gold, Chief Marketing Officer
310.312.3712
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