MoviePass' parent company just bought itself more time to live, but it's still in imminent danger of being kicked off the stock exchanges

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Helios and Matheson, which owns MoviePass, reached an agreement with its creditors to reduce its debt and cancel all of its convertible notes. But it still faces delisting from Nasdaq, and soon.

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The parent company of MoviePass has filed to spin it off following hundreds of millions in lossesHelios and Matheson Analytics has filed with the SEC a proposed a spin-off to make MoviePass its own public company.
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