As MoviePass investors rage against management, its parent company has delayed a crucial shareholders meeting

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Canada News News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MoviePass' parent company is delaying a shareholder vote on its reverse-split plan — againHelios and Matheson investors were supposed to vote on the proposal on Thursday. Now the vote won't happen until November 14. techinsider Look, just out advertisements all over everything with the app. Sell stuff on the app, do whatever you need to make this work.
Source: BusinessInsider - 🏆 729. / 51 Read more »

New York AG launches probe into MoviePass parent company for allegedly misleading investorsIt's another stumble for MoviePass, which in recent months has repeatedly adjusted its movie subscription plans and taken out hefty loans to cover massive losses. Investment banks mislead investors every time they announce a target share price for a company. Why do they still have any credibility? FinBrain's Deep Learning models beat any other analysis/prediction method for Stocks, Crypto and Foreign Currencies, you can visit for more.
Source: CNBC - 🏆 12. / 72 Read more »

MoviePass' parent company has canceled a long-delayed shareholders vote, as it tries desperately to stay on the NasdaqAfter delaying it twice, MoviePass parent company Helios and Matheson have canceled a shareholders vote on its reverse-split plan.
Source: BusinessInsider - 🏆 729. / 51 Read more »

NY is investigating MoviePass parent companyThe New York attorney general is investigating the parent company of MoviePass, a source familiar with the probe confirmed to CNN Business. BrandonxGage PatrickGregg
Source: CNN - 🏆 4. / 95 Read more »

MoviePass to be spun off from parent companyHelios and Matheson shares surged 80% in premarket trading after announcing that MoviePass will be spun off. Bagholders still poor.
Source: CNBC - 🏆 12. / 72 Read more »

CEO of MoviePass' parent company had $7.25 million in stock that's now worth less than $50The CEO of MoviePass' parent company had $7.25 million in stock that's now worth less than $50. via CNBCMakeIt MakeIt MakeIt This is why I follow CNBC. I don’t want to miss out on important news like this. Thanks.! MakeIt And here I thought my 401k was looking rough.
Source: CNBC - 🏆 12. / 72 Read more »

MoviePass' parent company has been kicked off the NasdaqHelios and Matheson Analytics, the parent company of MoviePass, has been kicked off the Nasdaq after trading below $1 since last summer.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The CFO of MoviePass' parent company has resigned, as the executive exodus continuesThe CFO of MoviePass' parent company Helios and Matheson Analytics, Stuart Benson, has resigned.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chinese stocks plunge into the weekend as investors sweat ahead of Trump and Xi's crucial meetingThe Shanghai Composite, China's benchmark share index, dropped just shy of 2.5% of its value on the day, while the Shenzhen Composite was 3.3% lower.
Source: BusinessInsider - 🏆 729. / 51 Read more »

After losing 99% of its value, MoviePass' parent company is getting ready to ask shareholders to support its CEO and approve his payHowever, Helios and Matheson — which bought MoviePass in mid-2017 — declined to try again to get investors to approve a reverse stock-split proposal. What for exactly! How is moviepass still alive...
Source: BusinessInsider - 🏆 729. / 51 Read more »