MoviePass becoming its own publicly traded company 'will not be easy,' one expert warns

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MoviePass becoming its own publicly traded company 'will not be easy,' one expert says

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moviepass is good for only one show at my local theater- a children’s movie.

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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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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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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.
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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 »