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

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

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

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 SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

MoviePass could be delisted from the stock market soon. Here's what that could mean for the company and its beleaguered investorsHelios and Matheson had until Tuesday to get its stock above $1 a share. It failed. That's put it in danger of being dropped by the Nasdaq in the near future.
Source: BusinessInsider - 🏆 729. / 51 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 »

As big bank earnings kick off, one top technician says it's time to fade the spaceFinancials were on the rise Monday after Citigroup kicked off earnings season. According to one top technician there's something in the charts suggesting the gains may be a head fake as a number of other big bank names also gear up to report. tradnews_ BITCOIN
Source: CNBC - 🏆 12. / 72 Read more »