MoviePass to be spun off from parent company

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Helios and Matheson shares surged 80% in premarket trading after announcing that MoviePass will be spun off.

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MoviePass to be spun off as a separate public companyLetting go of the beleaguered subscription service could give Helios and Matheson a boost on Wall Street. Lol
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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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MoviePass' parent wants to spin it off into a separate company, as the government investigates its financesOn Tuesday, MoviePass parent company Helios and Matheson Analytics (HMNY) announced a 'preliminary plan' to spin off MoviePass into a separate public company.
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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.
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As MoviePass investors rage against management, its parent company has delayed a crucial shareholders meetingOwner 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.
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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
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