As filed with the Securities and Exchange
Commission on July 2, 2018
Registration
No. 333-
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
S-3
REGISTRATION
STATEMENT
UNDER
THE
SECURITIES ACT OF 1933
HELIOS
AND MATHESON ANALYTICS INC.
(
Exact
name of registrant as specified in its charter
)
Delaware
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13-3169913
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(State
or other jurisdiction of
Incorporation
or organization)
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(IRS
Employer
Identification
No.)
|
(
Address,
including zip code, and telephone number, including area code, of registrant’s principal executive offices
)
Empire
State Building, 350 Fifth Avenue
Suite
7520
New
York, New York 10118
(212)
979-8228
(
Address,
including zip code, and telephone number, including area code, of agent for service
)
Theodore
Farnsworth
Chief
Executive Officer
Helios
and Matheson Analytics Inc.
Empire
State Building, 350 Fifth Avenue
Suite
7520
New
York, New York 10118
(212)
979-8228
Copies
to:
Kevin
Friedmann, Esq.
Greenberg
Traurig LLP
1840
Century Park East, Suite 1900
Los
Angeles, CA 90067
(310)
586-7747
(310)
586-7800 — Facsimile
Approximate
date of commencement of proposed sale to the public
: From time to time after the effective date of this registration statement,
as determined by market conditions and other factors.
If
the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please
check the following box. ☐
If
any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under
the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check
the following box. ☒
If
this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please
check the following box and list the Securities Act registration statement number of the earlier effective registration statement
for the same offering. ☐
If
this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list
the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If
this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become
effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ☐
If
this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register
additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following
box. ☐
Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”
“smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
|
Large
accelerated filer ☐
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Accelerated
filer ☐
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|
Non-accelerated
filer ☐
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Smaller
reporting company ☒
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(Do
not check if a smaller reporting company)
|
Emerging
growth company ☐
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If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided to Section 7(a)(2)(B) of the Securities Act. ☐
CALCULATION
OF REGISTRATION FEE
Title
of Each Class of
Securities
to be Registered
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Amount
to
be
registered
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Proposed
Maximum
Offering
Price
per
Unit
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Proposed
Maximum
Aggregate
Offering
Price
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Amount
of
Registration
Fee(1)
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Common Stock, $0.01
par value
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(2)
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(3)
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(3)
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Preferred Stock, $0.01 par value
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(2)
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(3)
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(3)
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Debt Securities
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(2)
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(3)
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(3)
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Warrants
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(2)
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(3)
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(3)
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Units
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(2)
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(3)
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(3)
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Subscription
Rights
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(2)
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(3)
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(3)
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Total
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(2)
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(3)
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$
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1,200,000,000
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$
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149,400
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(1)
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Calculated
pursuant to Rule 457(o) under the Securities Act.
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(2)
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Such
indeterminate number or amount of common stock, preferred stock, debt securities, warrants,
subscription rights and units is being registered as may from time to time be issued
at indeterminate prices at an aggregate initial offering price not to exceed $1,200,000,000.
This registration statement also includes such indeterminable amount of common stock,
preferred stock and debt securities as may be issued from time to time upon exercise
of warrants or subscription rights or conversion or exchange of convertible or exchangeable
securities being registered hereunder or pursuant to anti-dilution provisions of any
such securities registered hereunder. Pursuant to Rule 416 under the Securities Act,
the securities being registered hereunder include such indeterminate number of securities
as may be issuable with respect to the securities being registered hereunder as a result
of share splits, share dividends or similar transactions.
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(3)
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The
proposed maximum aggregate offering price per class of security will be determined from
time to time by the registrant in connection with the issuance by the registrant of the
securities registered hereunder and is not specified as to each class of security pursuant
to General Instruction II.D. of Form S-3 under the Securities Act.
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The
registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until
the registrant shall file a further amendment that specifically states that this registration statement shall thereafter become
effective in accordance with Section 8(a) of the Securities Act or until this registration statement shall become effective on
such date as the Commission, acting pursuant to said Section 8(a), may determine.
The information in this prospectus
is not complete and may be changed. We may not sell these securities until the Securities and Exchange Commission declares our
registration statement effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to
buy these securities in any state where the offer or sale is not permitted.
Subject to completion, dated
July 2, 2018
PROSPECTUS
$1,200,000,000
Common
Stock
Preferred
Stock
Debt
Securities
Warrants
Units
Subscription
Rights
We
may from time to time offer and sell, in one or more offerings, up to $1,200,000,000 in any combination of common stock, preferred
stock, debt securities, which may be senior, senior subordinated, or subordinated, warrants, units and subscription rights. This
prospectus provides you with a general description of the securities we may offer and certain other information about our company.
We may offer these securities in amounts, at prices and on terms determined at the time of offering.
We
will provide you the specific terms of these offerings and securities in one or more supplements to this prospectus. We may also
authorize one or more free-writing prospectuses to be provided to you in connection with these offerings. Any prospectus supplement
and any related free-writing prospectus may also add, update or change information contained in this prospectus. You should carefully
read this prospectus, any applicable prospectus supplement and any related free-writing prospectus, as well as any documents incorporated
by reference, before you invest.
We
may offer these securities from time to time in amounts, at prices and on other terms to be determined at the time of the offering.
We may offer and sell these securities to or through underwriters, dealers or agents, or directly to investors, on a continuous
or delayed basis. The supplements to this prospectus will provide the specific terms of the plan of distribution. The price to
the public of such securities and the net proceeds we expect to receive from such sale will also be set forth in a prospectus
supplement.
Our common stock is listed on the Nasdaq Capital
Market under the symbol “HMNY.” On June 29, 2018, the closing price of our common stock as reported by the Nasdaq
Capital Market was $0.31 per share.
An
investment in our securities involves a high degree of risk. See “Risk Factors” on page 2 of this prospectus for
more information on these risks. We may include additional risk factors in an applicable prospectus supplement under the
heading “Risk Factors.” You should review that section of the prospectus supplement for a discussion of matters
that investors in our securities should consider.
Neither
the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities, or
passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.
The
date of this prospectus is , 2018
TABLE
OF CONTENTS
ABOUT
THIS PROSPECTUS
This
prospectus is part of a registration statement filed with the Securities and Exchange Commission (the “SEC”) using
a “shelf” registration process. Under this shelf registration process, we may offer to sell any combination of the
securities described in this prospectus in one or more offerings for an aggregate offering price of up to $1,200,000,000. This
prospectus provides you with a general description of the securities which may be offered. Each time we offer securities for sale,
we will provide a prospectus supplement that contains specific information about the terms of that offering. Any prospectus supplement
may also add or update information contained in this prospectus. You should read both this prospectus and any prospectus supplement,
including all documents incorporated herein or therein by reference, together with additional information described below under
“Where You Can Find More Information” and “Information Incorporated by Reference.”
The
registration statement that contains this prospectus (including the exhibits thereto) contains additional important information
about us and the securities we may offer under this prospectus. Specifically, we have filed certain legal documents that establish
the terms of the securities offered by this prospectus as exhibits to the registration statement. We will file certain other legal
documents that establish the terms of the securities offered by this prospectus as exhibits to reports we file with the SEC. You
may obtain copies of that registration statement and the other reports and documents referenced herein as described below under
the heading “Where You Can Find More Information.”
You
should rely only on the information contained or incorporated by reference in this prospectus and in any prospectus supplement.
We have not authorized any other person to provide you with different information. If anyone provides you with different or inconsistent
information, you should not rely on it. We are not making offers to sell or solicitations to buy the securities in any jurisdiction
in which an offer or solicitation is not authorized or in which the person making that offer or solicitation is not qualified
to do so or to anyone to whom it is unlawful to make an offer or solicitation. You should not assume that the information in this
prospectus or any prospectus supplement, as well as the information we file or previously filed with the SEC that we incorporate
by reference in this prospectus or any prospectus supplement, is accurate as of any date other than its respective date. Our business,
financial condition, results of operations and prospects may have changed since those dates.
In
this prospectus, unless the context otherwise requires, references to “we,” “us,” “our,” “our
company,” “the Company,” or “Helios” refer to Helios and Matheson Analytics Inc. and its subsidiaries.
MARKET,
INDUSTRY AND OTHER DATA
This
prospectus, including the information incorporated by reference, contains estimates, projections and other information concerning
our industry, our business, and the markets for certain products and services, including data regarding the estimated size of
those markets and their projected growth rates. Information that is based on estimates, forecasts, projections or similar methodologies
is based on a number of assumptions and is inherently subject to uncertainties, including those described in “Risk Factors”
and elsewhere in this prospectus and documents incorporated by reference in this prospectus, and actual events or circumstances
may differ materially from events and circumstances reflected in this information. You are cautioned not to give undue weight
to such estimates, projections and other information.
Unless
otherwise expressly stated, we obtained this industry, business, market and other data from reports, research surveys, studies
and similar data prepared by third parties and general publications. In some cases, we do not expressly refer to the sources from
which this data is derived. In that regard, when we refer to one or more sources of this type of data in any paragraph, you should
assume that other data of this type appearing in the same paragraph is derived from the same sources, unless otherwise expressly
stated or the context otherwise requires.
CAUTIONARY
NOTE CONCERNING FORWARD-LOOKING STATEMENTS
This
prospectus and any accompanying prospectus supplement, including the documents that we incorporate by reference, may contain forward-looking
statements within the meaning of the federal securities laws. Any such statements that do not relate to historical or current
facts or matters are forward-looking statements. You can identify some of the forward-looking statements by the use of forward-looking
terms, such as “may,” “will,” “should,” “expect,” “could,” “intend,”
“plan,” “anticipate,” “estimate,” “believe,” “continue,” “project,”
“potential,” “forecast” or the negative of such terms and other comparable terminology. Forward-looking
statements in this prospectus include, without limitation, statements related to our financial and operating performance, our
plans, strategies, objectives, expectations, intentions and adequacy of resources. Certain important risks, including those discussed
in the risk factors are described in the section entitled “Risk Factors” in this prospectus and other risks and uncertainties
detailed in our other reports and filings with the Securities and Exchange Commission, could cause results to differ materially
from those anticipated by some of the forward-looking statements. Some, but not all, of these risks include, among other things:
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our
ability to successfully develop the business model of MoviePass, Inc., our majority-owned subsidiary;
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our
ability to integrate the operations of MoviePass into our operations;
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our
capital requirements and whether or not we will be able to raise capital when we need it;
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changes
in local, state or federal regulations that will adversely affect our business;
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our
ability to retain our existing clients and market and sell our services to new clients;
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whether
we will continue to receive the services of certain officers and directors;
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our
ability to protect our intellectual property and operate our business without infringing upon the intellectual property rights
of others;
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our
ability to effectively react to other risks and uncertainties described from time to time in our filings with the Securities and
Exchange Commission, such as fluctuation of quarterly financial results, reliance on third party consultants, litigation or other
proceedings and stock price volatility; and
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other
uncertainties, all of which are difficult to predict and many of which are beyond our control.
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The
forward-looking statements are based on our beliefs, assumptions and expectations of future events, taking into account all information
currently available to us. Forward-looking statements are not guarantees of future events or of our performance. These beliefs,
assumptions and expectations can change as a result of many possible events or factors, not all of which are known to us. You
are urged to carefully review the disclosures we make concerning risks and other factors that may affect our business and operating
results, including those made in the section entitled “Risk Factors” in this prospectus, and any of those made in
our other reports filed with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Except as required by law, we are not obligated to, and do not intend to,
update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should
refer to and carefully review the information in future documents we file with the Securities and Exchange Commission.
PROSPECTUS
SUMMARY
OUR
BUSINESS
This
is only a summary and may not contain all the information that is important to you. You should carefully read both this prospectus
and any accompanying prospectus supplement and any other offering materials, together with the additional information described
under the heading “Where You Can Find More Information.”
About
Helios and Matheson Analytics Inc.
Overview
We provide high quality
information technology, or IT, services and solutions including a range of technology platforms focusing on big data, business
intelligence, and consumer-centric technology. More recently, to provide greater value to stockholders, we have sought to
expand our business primarily through acquisitions that leverage our capabilities and expertise.
As of the date of this
prospectus, we own 91.8%, of the outstanding shares of MoviePass, Inc., or MoviePass, (excluding outstanding MoviePass options
and warrants). MoviePass is the premiere movie theater subscription service in the United States which provides our subscribers
the ability to view up to one new movie title per day for one monthly subscription price.
MoviePass Ventures, LLC (“MoviePass
Ventures”) was formed as a Delaware limited liability company in January 2018 and is a wholly-owned subsidiary of the Company.
MoviePass Ventures aims to collaborate with film distributors to share in film revenues while using the data analytics MoviePass
offers for marketing and targeting services for MoviePass’ paying subscribers using the platform.
On April 4, 2018, we
acquired Moviefone assets from Oath Inc. (formerly, AOL Inc.), a wholly-owned subsidiary of Verizon Communications Inc. Moviefone,
a multimedia media information and advertising service, provides over 6 million monthly unique visitors full access to the entertainment
ecosystem, from movie theaters to streaming content.
On May 30, 2018 we formed
MoviePass Films LLC (“MoviePass Films”) with Emmett Furla Oasis Films (“EFO Films”). Helios owns 51% and
EFO Films owns 49% of MoviePass Films. MoviePass Films focuses on studio-driven content and new film production for theatrical
release and other distribution channels. We plan to capitalize on the capabilities of MoviePass to market future MoviePass
Films productions to MoviePass subscribers.
Corporate Information
Our executive offices are located at The Empire
State Building, 350 Fifth Avenue, New York, New York 10118, and our telephone number is (212) 979-8228. Additional information
about us is available on our website at www.hmny.com. The information contained on or that may be obtained from our website is
not, and shall not be deemed to be, a part of this prospectus. Our common stock, par value $0.01 per share, is currently traded
on the Nasdaq Capital Market under the ticker symbol “HMNY.”
For a description of our business, financial
condition, results of operations and other important information regarding us, we refer you to our filings with the SEC incorporated
by reference in this prospectus. For instructions on how to find copies of these documents, see “
Where You Can Find More
Information.
”
RISK
FACTORS
Investing
in our securities involves a high degree of risk. Please see the risk factors set forth in Part I, Item 1A of our most recent
Annual Report on Form 10-K and Part II, and other filings we make with the SEC, which are incorporated by reference in this prospectus.
Additional risk factors may be included in a prospectus supplement relating to a particular offering of securities. Before making
an investment decision, you should carefully consider these risks as well as other information we include or incorporate by reference
in this prospectus. The risks and uncertainties we have described are not the only ones we face. Additional risks and uncertainties
not presently known to us or that we currently deem immaterial may also affect our business operations. These risks could materially
affect our business, results of operations or financial condition and cause the value of our securities to decline.
USE
OF PROCEEDS
Unless
we state otherwise in an accompanying prospectus supplement, we intend to use the net proceeds from the sale of the securities
offered by us under this prospectus and any related prospectus supplement for general corporate purposes of Helios and its subsidiaries
and/or to support MoviePass and MoviePass Ventures operations. These purposes may include capital expenditures and additions to
working capital. When a particular series of securities is offered, the prospectus supplement relating to that series will set
forth our intended use for the net proceeds we receive from the sale of the securities. Pending the application of the net proceeds,
we may invest the proceeds in short-term, interest-bearing instruments or other investment-grade securities.
DILUTION
We
will set forth in a prospectus supplement the following information regarding any material dilution of the equity interests of
investors purchasing securities sold by the Company in an offering under this prospectus:
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the
net tangible book value per share of our equity securities before and after the offering;
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the
amount of the increase in such net tangible book value per share attributable to the
cash payments made by purchases in the offering; and
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the
amount of the immediate dilution from the public offering price which will be absorbed
by such purchasers.
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DESCRIPTION
OF THE SECURITIES THAT MAY BE OFFERED
Description
of Common Stock
The
following summary of the rights of our common stock is not complete and is subject to and qualified in its entirety by reference
to our certificate of incorporation and bylaws, copies of which are included as exhibits to our registration statement on Form
S-3, of which this prospectus forms a part. See “Where You Can Find More Information.”
We
have 502,000,000 shares of capital stock authorized under our certificate of incorporation, consisting of 500,000,000 shares of
common stock, $0.01 par value, and 2,000,000 shares of preferred stock, $0.01 par value.
As of June 29, 2018 we had 249,870,588 shares
of common stock outstanding and 20,500 shares of Series A Preferred Stock outstanding. Our authorized but unissued shares of common
stock are available for issuance without further action by our stockholders, unless such action is required by applicable law
or the rules of any stock exchange or automated quotation system on which our securities may be listed or traded.
Holders of our
common stock are entitled to such dividends as may be declared by our board of directors out of funds legally available for such
purpose, subject to any preferential dividend rights of any then outstanding preferred stock. The shares of common stock are neither
redeemable or convertible. Holders of common stock have no preemptive or subscription rights to purchase any of our securities.
Each
holder of our common stock is entitled to one vote for each such share outstanding in the holder’s name. No holder of common
stock is entitled to cumulate votes in voting for directors.
In
the event of our liquidation, dissolution or winding up, the holders of our common stock are entitled to receive pro rata our
assets which are legally available for distribution, after payments of all debts and other liabilities and subject to the prior
rights of any holders of preferred stock then outstanding. All of the outstanding shares of our common stock are fully paid and
non-assessable. The shares of common stock offered by this prospectus will also be fully paid and non-assessable.
Our common stock is listed on the Nasdaq Capital
Market under the symbol “HMNY.” On June 29, 2018, the last sale price of our common stock was $0.31 per share. The
transfer agent and registrar for our common stock is Computershare. Its address is 250 Royall Street, Canton, Massachusetts 02021.
Description
of Preferred Stock
Our certificate of incorporation permits us
to issue up to 2,000,000 shares of preferred stock in one or more series and with rights and preferences that may be fixed or designated
by our board of directors without any further action by our stockholders. We currently have 20,500 shares of Series A Preferred
Stock outstanding. The following is a description of the Series A Preferred Stock:
Dividends
The Series A Preferred
Stock does not accrue dividends.
Conversion
The Series A Preferred
Stock is not convertible into common stock.
Voting Rights
Each share of Series A Preferred Stock is entitled
to 3,205 votes per share on all matters on which holders of common stock are entitled to vote. However, the amount of votes with
respect to the Series A Preferred Stock held by any holder, when aggregated with any other voting securities of our company held
by such holder, cannot exceed 19.9% of our outstanding voting power calculated as of June 21, 2018 (or such greater percentage
allowed by Nasdaq without any stockholder approval requirements).
Redemption
From and after the time when the first 15% of
the aggregate principal amount of any Series B-2 Senior Secured Convertible Notes issued on June 26, 2018 (the “Convertible
Notes”) is paid or converted in accordance with the terms of the Convertible Notes, we will have the right to redeem all
or a portion of the Series A Preferred Stock at a price per share equal to $0.01, payable, at our option with cash or shares of
our common stock or, if required by, certain beneficial ownership limitations, rights to receive common stock.
Transfer
The shares of Series A
Preferred Stock are transferable, subject to limitations in the voting agreements between us and each of the buyers of the Convertible
Notes and applicable securities laws.
Liquidation Preference
Upon any liquidation,
dissolution or winding up of our company, the holders of the shares of Series A Preferred Stock will be entitled to receive in
cash out of the assets of our company, before any amount is paid to the holders of any junior stock, including our common stock,
an amount per share of Series A Preferred Stock equal to 100% of the stated value per share (which is equal to $1,000) plus $0.01.
The Certificate of
Designations also includes covenants restricting the Company’s ability to take certain actions without the approval of at
least a majority of the outstanding shares of the Preferred Stock.
Subject to the limitations prescribed in
our certificate of incorporation and under Delaware law, our certificate of incorporation authorizes the board of directors, from
time to time by resolution and without further stockholder action, to provide for the issuance of shares of preferred stock, in
one or more series, and to fix the designation, powers, preferences and other rights of the shares and to fix the qualifications,
limitations and restrictions thereof.
Description
of Debt Securities
The
following description, together with the additional information we include in any applicable prospectus supplement, summarizes
certain general terms and provisions of the debt securities that we may offer offered under this prospectus. When we offer to
sell a particular series of debt securities, we will describe the specific terms of the series in a supplement to this prospectus.
The supplement will also indicate to what extent the general terms and provisions described in this prospectus apply to a particular
series of debt securities.
We
may issue debt securities, either separately, or together with, or upon the conversion or exercise of or in exchange for, other
securities described in this prospectus. Debt securities may be our senior, senior subordinated or subordinated obligations, issued
in one or more series, and, unless otherwise specified in a supplement to this prospectus, the debt securities will be our direct,
unsecured obligations.
The
debt securities will be issued under an indenture between us and a trustee to be identified in the applicable prospectus supplement.
We have summarized select portions of the indenture below. Please note, however, that the summary below is not complete. The form
of the indenture has been filed as an exhibit to the registration statement of which this prospectus forms a part and you should
read the indenture for provisions that may be important to you. Capitalized terms used in the summary below and not defined herein
have the meanings specified in the form of the indenture.
General
The
terms of each series of debt securities will be established by or pursuant to a resolution of our board of directors and set forth
or determined in the manner provided in a resolution of our board of directors, in an officer’s certificate, or by a supplemental
indenture. The particular terms of each series of debt securities will be described in a prospectus supplement relating to such
series (including any pricing supplement or term sheet).
We
can issue an unlimited amount of debt securities under the indenture that may be in one or more series with the same or various
maturities, at par, at a premium, or at a discount. The prospectus supplement (including any pricing supplement or term sheet)
relating to any series of debt securities being offered will set forth the aggregate principal amount and the other terms of the
debt securities, including, if applicable:
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the
title and ranking of the debt securities (including the terms of any subordination provisions);
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the
price or prices (expressed as a percentage of the principal amount) at which the debt
securities will be sold;
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any
limit on the aggregate principal amount of the debt securities;
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the
date or dates on which the principal of and premium, if any, on the debt securities is
payable and/or the method of determination thereof;
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the
rate or rates (which may be fixed or variable) per annum or the method used to determine
the rate or rates (including any commodity, commodity index, stock exchange index or
financial index) at which the debt securities will bear interest, the date or dates from
which interest will accrue, the date or dates on which interest will commence and be
payable and any regular record date for the interest payable on any interest payment
date;
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the
place or places where principal of, and interest, if any, on the debt securities will
be payable (and the method of such payment), where the securities of such series may
be surrendered for registration of transfer or exchange, and where notices and demands
to us in respect of the debt securities may be delivered;
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the
right, if any, to extend the interest payment periods and the duration of such extension;
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the
period or periods within which, the price or prices at which, and the terms and conditions
upon which, we may redeem the debt securities;
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any
obligation we will have to redeem or purchase the debt securities pursuant to any sinking
fund or analogous provisions (including payments made in cash in participation of future
sinking fund obligations) or at the option of a holder of debt securities, and the period
or periods within which (or manner of determining the same), the price or prices at which
(or manner of determining the same), and in the terms and conditions upon which, debt
securities of the series shall be redeemed or purchased, in whole or in part, pursuant
to such obligation;
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the
dates on which and the price or prices at which we will repurchase debt securities at
the option of the holders of debt securities and other detailed terms and provisions
of these repurchase obligations;
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the
form of the debt securities of the series, including the form of the trustee’s
certificate of authentication for such series and any legends or endorsements to be placed
thereon;
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the
denominations in which the debt securities will be issued, if other than denominations
of $1,000 and any integral multiple thereof;
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whether
the debt securities will be issued in the form of certificated debt securities or global
debt securities;
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the
portion of principal amount of the debt securities payable upon declaration of acceleration
of the maturity date, if other than the principal amount;
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the
currency of denomination of the debt securities, which may be United States Dollars or
any foreign currency, and if such currency of denomination is a composite currency, the
agency or organization, if any, responsible for overseeing such composite currency;
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the
designation of the currency, currencies or currency units in which payment of principal
of, premium, and interest on the debt securities will be made;
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if
payments of principal of, or premium, if any, or interest on the debt securities will
be made in one or more currencies or currency units other than that or those in which
the debt securities are denominated, the manner in which the exchange rate with respect
to these payments will be determined;
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the
manner in which the amounts of payment of principal of, premium, if any, or interest
on the debt securities will be determined, if these amounts may be determined by reference
to an index based on a currency or currencies other than that in which the debt securities
are denominated or designated to be payable or by reference to a commodity, commodity
index, stock exchange index or financial index;
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any
provisions relating to any security provided for the debt securities;
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any
addition to, deletion of or change in the Events of Default described in this prospectus
or in the indenture with respect to the debt securities and any change in the acceleration
provisions described in this prospectus or in the indenture with respect to the debt
securities;
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any
addition to, deletion of or change in the covenants described in this prospectus or set
forth in the indenture with respect to the debt securities;
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the
provisions, if any, relating to conversion or exchange of any debt securities of such
series, including if applicable, the conversion or exchange price and period, provisions
as to whether conversion or exchange will be mandatory, the events requiring an adjustment
of the conversion or exchange price and provisions affecting conversion or exchange;
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if
other than the trustee, the identity of the trustee, the registrar, paying agent and
custodian for the depositary;
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if
other than The Depository Trust Company, the identity of the depositary; and
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any
other terms of the debt securities, which may supplement, modify or delete any provision
of the indenture as it applies to that series, including any terms that may be required
under applicable law or regulations or advisable in connection with the marketing of
the securities.
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We
may issue debt securities that provide for an amount less than their stated principal amount to be due and payable upon declaration
of acceleration of their maturity pursuant to the terms of the indenture. Information on the federal income tax considerations
and other special considerations applicable to any of these debt securities will be provided in the applicable prospectus supplement.
If
the purchase price of any of the debt securities is denominated in a foreign currency or currencies or a foreign currency unit
or units, or if the principal of and any premium and interest on any series of debt securities is payable in a foreign currency
or currencies or a foreign currency unit or units, then information on the restrictions, elections, general tax considerations,
specific terms and other information with respect to that issue of debt securities and such foreign currency or currencies or
foreign currency unit or units will be provided in the applicable prospectus supplement.
Transfer
and Exchange
Each
debt security will be represented by either one or more global securities registered in the name of The Depository Trust Company
(which we refer to as “DTC”) or a nominee of DTC (which we refer to as a “book-entry debt security”),
or a certificate issued in definitive registered form (which is referred to as a “certificated debt security”), as
set forth in the applicable prospectus supplement. Except as set forth under the heading “Global Debt Securities and Book-Entry
System” below, book-entry debt securities will not be issuable in certificated form.
Certificated
Debt Securities
. Holders may transfer or exchange certificated debt securities at any office we maintain for this purpose
in accordance with the terms of the indenture. No service charge will be made for any transfer or exchange of certificated debt
securities, but payment of a sum sufficient to cover any tax or other governmental charge payable in connection with a transfer
or exchange may be required.
Holders
may effect the transfer of certificated debt securities and the right to receive the principal of, or any premium or interest
on, certificated debt securities only by surrendering the certificate representing those certificated debt securities and either
reissuance by us or the trustee of the certificate to the new holder or the issuance by us or the trustee of a new certificate
to the new holder.
Global
Debt Securities and Book-Entry System
. Each global debt security representing book-entry debt securities will be deposited
with, or on behalf of, DTC, and registered in the name of DTC or a nominee of DTC. Please see the section entitled “Global
Securities” in this prospectus for more information.
Covenants
Any
restrictive covenants applicable to any issue of debt securities will be set forth in the applicable prospectus supplement.
No
Protection in the Event of a Change of Control
Unless
stated otherwise in the applicable prospectus supplement, the debt securities will not contain any provisions that may afford
holders of the debt securities protection in the event we have a change in control or in the event of a highly leveraged transaction
(whether or not such transaction results in a change in control) that could adversely affect holders of debt securities.
Consolidation,
Merger and Sale of Assets
We
may not consolidate with or merge with or into, or convey, transfer or lease all or substantially all of our properties and assets
to any person (a “successor person”) unless:
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we
are the surviving corporation or the successor person (if other than us) is a corporation
that is organized and validly existing under the laws of any U.S. domestic jurisdiction
and expressly assumes our obligations on the debt securities and under the indenture;
and
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immediately
after giving effect to the transaction, no Default or Event of Default shall have
occurred and be continuing.
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Notwithstanding
the above, any of our subsidiaries may consolidate with, merge into, or transfer all or part of its properties to us.
Events
of Default
“Event
of Default” means with respect to any series of debt securities, any of the following:
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default
in the payment of any interest upon any debt security of that series when it becomes
due and payable, and continuance of such default for a period of 30 days (unless the
entire amount of the payment is deposited by us with the trustee or with a paying agent
prior to the expiration of the 30-day period);
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default
in the payment of principal of any security of that series when it becomes due and payable,
whether at stated maturity, upon redemption, upon purchase, upon acceleration or otherwise;
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default
in the performance or breach of any other covenant or warranty by us in the indenture
(other than a covenant or warranty that has been included in the indenture solely for
the benefit of a series of debt securities other than that series), which default continues
uncured for a period of 60 days after we receive written notice from the trustee, or
we and the trustee receive written notice from the holders of not less than 25% in principal
amount of the outstanding debt securities of that series as provided in the indenture;
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certain
voluntary or involuntary events of bankruptcy, insolvency or reorganization of the Company;
and
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any
other Event of Default provided with respect to debt securities of that series that is
described in the applicable prospectus supplement.
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No
Event of Default with respect to a particular series of debt securities (except as to certain events of bankruptcy, insolvency
or reorganization) necessarily constitutes an Event of Default with respect to any other series of debt securities. The occurrence
of certain Events of Default or an acceleration under the indenture may constitute an event of default under certain other of
our indebtedness or indebtedness of our subsidiaries outstanding from time to time.
So
long as any of the securities are outstanding, we will provide the trustee written notice of any Default or Event of Default within
30 days of becoming aware of the occurrence of such Default or Event of Default.
If
an Event of Default with respect to debt securities of any series at the time outstanding occurs and is continuing, then the trustee
or the holders of not less than 25% in principal amount of the outstanding debt securities of that series may, by a notice in
writing to us (and to the trustee if given by the holders), declare to be due and payable immediately the principal of (or, if
the debt securities of that series are discount securities, that portion of the principal amount as may be specified in the terms
of that series) and accrued and unpaid interest, if any, on all debt securities of that series. Such acceleration will not be
effective until the earlier of (1) the acceleration of indebtedness under our senior secured credit facilities or (2) five business
days after receipt by us of written notice of such acceleration, at which time the principal premium, if any, interest and any
other monetary obligations on all the then outstanding series of debt securities will become due and payable immediately. In the
case of an Event of Default resulting from certain events of bankruptcy, insolvency or reorganization, the principal (or such
specified amount) of accrued and unpaid interest, if any, on all outstanding debt securities or the applicable series will
become and be immediately due and payable without any declaration or other act on the part of the trustee or any holder of outstanding
debt securities. At any time after a declaration of acceleration with respect to debt securities of any series has been made,
but before a judgment or decree for payment of the money due has been obtained by the trustee, the holders of a majority in principal
amount of the outstanding debt securities of that series may rescind and annul the acceleration if all Events of Default, other
than the non-payment of accelerated principal and interest, if any, with respect to debt securities of that series, have been
cured or waived as provided in the indenture. Please refer to the prospectus supplement relating to any series of debt securities
that are discount securities for the particular provisions relating to acceleration of a portion of the principal amount of such
discount securities upon the occurrence of an Event of Default.
The
indenture will provide that the trustee will be under no obligation to exercise any of its rights or powers under the indenture
unless the trustee receives indemnity satisfactory to it against any cost, liability or expense which might be incurred by it
in exercising such right of power. Subject to certain rights of the trustee, the holders of a majority in principal amount of
the outstanding debt securities of any series will have the right to direct the time, method and place of conducting any proceeding
for any remedy available to the trustee or exercising any trust or power conferred on the trustee with respect to the debt securities
of that series.
No
holder of any debt security of any series will have any right to institute any proceeding, judicial or otherwise, with respect
to the indenture or for the appointment of a receiver or trustee, or for any remedy under the indenture, unless:
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that
holder has previously given to the trustee written notice of a continuing Event of Default
with respect to debt securities of that series; and
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the
holders of not less than 25% in principal amount of the outstanding debt securities of
that series have made written request, and offered indemnity or security satisfactory
to the trustee, to the trustee to institute the proceeding as trustee, and the trustee
has not received from the holders of not less than a majority in principal amount of
the outstanding debt securities of that series a direction inconsistent with that request
and has failed to institute the proceeding within 60 days.
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Notwithstanding
any other provision in the indenture, the holder of any debt security will have an absolute and unconditional right to receive
payment of the principal of, premium and any interest on that debt security on or after the due dates expressed in that debt security
and to institute suit for the enforcement of payment.
The
indenture require us, within 120 days after the end of our fiscal year, to furnish to the trustee a statement as to compliance
with the indenture. If a Default or Event of Default occurs and is continuing with respect to the debt securities of any series
and if it is known to a responsible officer of the trustee, the trustee shall mail to each holder of the debt securities of that
series notice of a Default or Event of Default within 90 days after it occurs. The indenture provides that the trustee may withhold
notice to the holders of debt securities of any series of any Default or Event of Default (except in payment on any debt securities
of that series) with respect to debt securities of that series if the trustee determines in good faith that withholding notice
is in the interest of the holders of those debt securities.
Modification
and Waiver
We
and the trustee may modify, amend or supplement the indenture or the debt securities of any series without the consent of any
holder of any debt security:
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to
cure any ambiguity, defect or inconsistency;
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to
comply with covenants in the indenture described above under the heading “Consolidation,
Merger and Sale of Assets”;
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to
provide for uncertificated securities in addition to or in place of certificated securities;
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to
make any change that does not adversely affect the rights of any holder of debt securities;
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to
provide for the issuance of and establish the form and terms and conditions of debt securities
of any series as permitted by the indenture;
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to
add covenants for the benefit of the holders of debt securities of any series or to surrender
any right or power conferred upon the Company;
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to
effect the appointment of a successor trustee with respect to the debt securities of
any series and to add to or change any of the provisions of the indenture to provide
for or facilitate administration by more than one trustee; or
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to
comply with requirements of the SEC in order to effect or maintain the qualification
of the indenture under the Trust Indenture Act of 1939, as amended.
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We
may also modify and amend the indenture with the consent of the holders of at least a majority in principal amount of the outstanding
debt securities of each series affected by the modifications or amendments. We may not make any modification or amendment without
the consent of the holders of each affected debt security then outstanding if that amendment will:
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reduce
the amount of debt securities whose holders must consent to an amendment, supplement
or waiver;
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reduce
the rate of or extend the time for payment of interest (including default interest) on
any debt security;
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reduce
the principal of or premium on or change the fixed maturity of any debt security or reduce
the amount of, or postpone the date fixed for, the payment of any sinking fund or analogous
obligation with respect to any series of debt securities;
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reduce
the principal amount of discount securities payable upon acceleration of maturity;
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waive
a default in the payment of the principal of, premium or interest on any debt security
(except a rescission of acceleration of the debt securities of any series by the holders
of at least a majority in aggregate principal amount of the then outstanding debt securities
of that series and a waiver of the payment default that resulted from such acceleration);
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make
the principal of or premium or interest on any debt security payable in currency other
than that stated in the debt security;
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make
any change to certain provisions of the indenture relating to, among other things, the
right of holders of debt securities to receive payment of the principal of, premium and
interest on those debt securities and to institute suit for the enforcement of any such
payment and to waivers or amendments; or
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waive
a redemption payment with respect to any debt security.
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Except
for certain specified provisions, the holders of at least a majority in principal amount of the outstanding debt securities of
any series may on behalf of the holders of all debt securities of that series waive compliance by us with provisions of the indenture.
The holders of a majority in principal amount of the outstanding debt securities of any series may on behalf of the holders of
all the debt securities of such series waive any past default under the indenture with respect to that series and its consequences,
except a default in the payment of the principal of, premium or any interest on any debt security of that series; provided, however,
that the holders of a majority in principal amount of the outstanding debt securities of any series may rescind an acceleration
and its consequences, including any related payment default that resulted from the acceleration.
Defeasance
of Debt Securities and Certain Covenants in Certain Circumstances
Legal
Defeasance
. The indenture provides that, unless otherwise provided by the terms of the applicable series of debt securities,
we may be discharged from any and all obligations in respect of the debt securities of any series (subject to certain exceptions).
We will be so discharged upon the deposit with the trustee, in trust, of money and/or U.S. government obligations or, in the case
of debt securities denominated in a single currency other than U.S. Dollars, government obligations of the government that issued
or caused to be issued such currency, that, through the payment of interest and principal in accordance with their terms, will
provide money in an amount sufficient in the opinion of a nationally recognized firm of independent public accountants or investment
bank to pay and discharge each installment of principal, premium and interest on and any mandatory sinking fund payments in respect
of the debt securities of that series on the stated maturity of those payments in accordance with the terms of the indenture and
those debt securities.
This
discharge may occur only if, among other things, we have delivered to the trustee an opinion of counsel stating that we have received
from, or there has been published by, the United States Internal Revenue Service a ruling or, since the date of execution of the
indenture, there has been a change in the applicable United States federal income tax law, in either case to the effect that,
and based thereon such opinion shall confirm that, the holders of the debt securities of that series will not recognize income,
gain or loss for United States federal income tax purposes as a result of the deposit, defeasance and discharge and will be subject
to United States federal income tax on the same amounts and in the same manner and at the same times as would have been the case
if the deposit, defeasance and discharge had not occurred.
Defeasance
of Certain Covenants
. The indenture provides that, unless otherwise provided by the terms of the applicable series of
debt securities, upon compliance with certain conditions:
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we
may omit to comply with the covenant described under the heading “Consolidation,
Merger and Sale of Assets” and certain other covenants set forth in the indenture,
as well as any additional covenants that may be set forth in the applicable prospectus
supplement; and
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any
omission to comply with those covenants will not constitute a Default or an Event of
Default with respect to the debt securities of that series (“covenant defeasance”).
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The
conditions include:
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depositing
with the trustee money and/or U.S. government obligations or, in the case of debt securities
denominated in a single currency other than U.S. Dollars, government obligations of the
government that issued or caused to be issued such currency, that, through the payment
of interest and principal in accordance with their terms, will provide money in an amount
sufficient in the opinion of a nationally recognized firm of independent public accountants
or investment bank to pay and discharge each installment of principal of, premium and
interest on and any mandatory sinking fund payments in respect of the debt securities
of that series on the stated maturity of those payments in accordance with the terms
of the indenture and those debt securities; and
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delivering
to the trustee an opinion of counsel to the effect that the holders of the debt securities
of that series will not recognize income, gain or loss for United States federal income
tax purposes as a result of the deposit and related covenant defeasance and will be subject
to United States federal income tax on the same amounts and in the same manner and at
the same times as would have been the case if the deposit and related covenant defeasance
had not occurred.
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Covenant
Defeasance and Events of Default.
In the event we exercise our option to
effect covenant defeasance with respect to any series of debt securities and the debt securities of that series are declared due
and payable because of the occurrence of any Event of Default, the amount of money and/or U.S. government obligations or foreign
government obligations on deposit with the trustee will be sufficient to pay amounts due on the debt securities of that series
at the time of their stated maturity but may not be sufficient to pay amounts due on the debt securities of that series at the
time of the acceleration resulting from the Event of Default. However, we shall remain liable for those payments.
No
Personal Liability of Directors, Officers, Employees or Stockholders
None
of our past, present or future directors, officers, employees or stockholders, as such, will have any liability for any of our
obligations under the debt securities or the indenture or for any claim based on, or in respect or by reason of, such obligations
or their creation. By accepting a debt security, each holder waives and releases all such liability. This waiver and release is
part of the consideration for the issue of the debt securities. However, this waiver and release may not be effective to waive
liabilities under U.S. federal securities laws, and it is the view of the SEC that such a waiver is against public policy.
Governing
Law
The
indenture and the debt securities will be governed by, and construed in accordance with, the laws of the State of New York without
regard to conflict of law principles that would result in the application of any law other than the law of the State of New York.
Description
of Warrants
We
may issue warrants for the purchase of our common stock or preferred stock or of debt securities. As explained below, each warrant
will entitle its holder to purchase our securities at an exercise price set forth in, or to be determined as set forth in, the
related prospectus supplement. Warrants may be issued separately or together with other securities. The warrants are to be issued
under warrant agreements to be entered into between us and the investors or a warrant agent.
The
particular terms of each issue of warrants and the warrant agreement relating to the warrants will be described in the applicable
prospectus supplement, including, as applicable:
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the
title of the warrants;
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the
initial offering price;
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the
aggregate number of warrants and the aggregate number of shares of common stock or preferred
stock purchasable upon exercise of the warrants;
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the
principal amount of debt securities that may be purchased upon exercise of a debt warrant
and the exercise price for the warrants, which may be payable in cash, securities or
other property;
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if
applicable, the designation and terms of the equity securities with which the warrants
are issued, and the number of warrants issued with each equity security;
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the
date on which the right to exercise the warrants will commence and the date on which
the right will expire;
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if
applicable, the minimum or maximum number of the warrants that may be exercised at any
one time;
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anti-dilution
provisions of the warrants, if any;
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redemption
or call provisions, if any, applicable to the warrants;
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any
additional terms of the warrants, including terms, procedures and limitations relating
to the exchange and exercise of the warrants; and
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Holders
of warrants will not be entitled, solely by virtue of being holders, to vote, to receive dividends, to receive notice as stockholders
with respect to any meeting or written consent of stockholders for the election of directors or any other matter, or to exercise
any rights whatsoever as a holder of the equity securities purchasable upon exercise of the warrants. Until any warrants to purchase
debt securities are exercised, the holder of the warrants will not have any rights of holders of the debt securities that can
be purchased upon exercise, including any rights to receive payments of principal, premium or interest on the underlying debt
securities or to enforce covenants in the indenture.
Description
of Units
We
may, from time to time, issue units comprised of one or more of the other securities described in this prospectus in any combination.
A prospectus supplement will describe the specific terms of the units offered under that prospectus supplement, and any special
considerations applicable to investing in those units. You must look at the applicable prospectus supplement and any applicable
unit agreement for a full understanding of the specific terms of any units. We will incorporate by reference into the registration
statement of which this prospectus is a part the form of unit agreement, including a form of unit certificate, if any, that describes
the terms of the series of units we are offering before the issuance of the related series of units. While the terms we have summarized
below will generally apply to any units that we may offer in the future under this prospectus, we will describe the particular
terms of any series of units that we may offer in more detail in the applicable prospectus supplement and incorporated documents.
The terms of any units offered under a prospectus supplement may differ from the terms described below.
General
We
may issue units consisting of common stock, preferred stock, warrants, subscription rights or any combination thereof. Each unit
will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a
unit will have the rights and obligations of a holder of each included security. The unit agreement under which a unit is issued
may provide that the securities included in the unit may not be held or transferred separately, at any time, or at any time before
a specified date.
We
will describe in the applicable prospectus supplement and any incorporated documents the terms of the series of units, including
the following:
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the
designation and terms of the units and of the securities comprising the units, including
whether and under what circumstances those securities may be held or transferred separately;
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any
unit agreement under which the units will be issued; and
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any
provisions for the issuance, payment, settlement, transfer, or exchange of the units
or of the securities comprising the units.
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The
provisions described in this section, as well as those described under “Description of Common Stock,” “Description
of Preferred Stock,” “Description of Debt Securities,” “Description of Warrants,” and “Description
of Units” will apply to each unit and to any common stock, preferred stock, debt securities, or warrant included in each
unit, respectively.
Issuance
in Series
We
may issue units in such amounts and in such numerous distinct series as we determine.
Enforceability
of Rights by Holders of Units
Each
unit agent will act solely as our agent under the applicable unit agreement and will not assume any obligation or relationship
of agency or trust with any holder of any unit. A single bank or trust company may act as unit agent for more than one series
of units. A unit agent will have no duty or responsibility in case of any default by us under the applicable unit agreement or
unit, including any duty or responsibility to initiate any proceedings at law or otherwise, or to make any demand upon us. Any
holder of a unit, without the consent of the related unit agent or the holder of any other unit, may enforce by appropriate legal
action its rights as holder under any security included in the unit.
Title
We,
the unit agent, and any of their agents may treat the registered holder of any unit certificate as an absolute owner of the units
evidenced by that certificate for any purposes and as the person entitled to exercise the rights attaching to the units so requested,
despite any notice to the contrary.
Description
of Subscription Rights
We
may issue subscription rights to purchase common stock, preferred stock, debt securities or other securities. These subscription
rights may be issued independently or together with any other security offered hereby and may or may not be transferable by the
stockholder receiving the subscription rights in such offering. In connection with any offering of subscription rights, we may
enter into a standby arrangement with one or more underwriters or other purchasers pursuant to which the underwriters or other
purchasers may be required to purchase any securities remaining unsubscribed for after such offering.
The
applicable prospectus supplement will describe the specific terms of any offering of subscription rights for which this prospectus
is being delivered, including the following:
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the
price, if any, for the subscription rights;
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the
exercise price payable for each share of common stock, preferred stock, debt securities
or other securities upon the exercise of the subscription rights;
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the
number of subscription rights issued to each stockholder;
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the
number and terms of the shares of common stock, preferred stock, or other securities
which may be purchased per each subscription right;
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the
principal amount of debt securities that may be purchased per each subscription right;
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the
extent to which the subscription rights are transferable;
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any
other terms of the subscription rights, including the terms, procedures and limitations
relating to the exchange and exercise of the subscription rights;
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the
date on which the right to exercise the subscription rights shall commence, and the date
on which the subscription rights shall expire;
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the
extent to which the subscription rights may include an over-subscription privilege with
respect to unsubscribed securities; and
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if
applicable, the material terms of any standby underwriting or purchase arrangement entered
into by us in connection with the offering of subscription rights.
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The
description in the applicable prospectus supplement of any subscription rights we offer will not necessarily be complete and will
be qualified in its entirety by reference to the applicable subscription rights certificate, which will be filed with the SEC
if we offer subscription rights. For more information on how you can obtain copies of any subscription rights certificate if we
offer subscription rights, see “Where You Can Find More Information”. We urge you to read the applicable subscription
rights certificate and any applicable prospectus supplement in their entirety.
Anti-Takeover
Effects of Certain Provisions of Delaware Law and Our Charter Documents
The
following is a summary of our certificate of incorporation and our bylaws. This summary does not purport to be complete and is
qualified in its entirety by reference to our certificate of incorporation and bylaws. Our certificate of incorporation states
that we expressly elect not to be governed by Section 203 of the General Corporation Law of the State of Delaware.
Our
charter documents include provisions that may have the effect of discouraging, delaying or preventing a change in control or an
unsolicited acquisition proposal that a stockholder might consider favorable, including a proposal that might result in the payment
of a premium over the market price for the shares held by our stockholders. These provisions are summarized in the following paragraphs.
Effects
of authorized but unissued common stock and blank check preferred stock
. One of the effects of the existence of authorized
but unissued common stock and undesignated preferred stock may be to enable our board of directors to make more difficult or to
discourage an attempt to obtain control of our company by means of a merger, tender offer, proxy contest or otherwise, and thereby
to protect the continuity of management. If, in the due exercise of its fiduciary obligations, the board of directors were to
determine that a takeover proposal was not in our best interest, such shares could be issued by the board of directors without
stockholder approval in one or more transactions that might prevent or render more difficult or costly the completion of the takeover
transaction by diluting the voting or other rights of the proposed acquirer or insurgent stockholder group, by putting a substantial
voting block in institutional or other hands that might undertake to support the position of the incumbent board of directors,
by effecting an acquisition that might complicate or preclude the takeover, or otherwise.
In
addition, our certificate of incorporation grants our board of directors broad power to establish the rights and preferences of
authorized and unissued shares of preferred stock. The issuance of shares of preferred stock could decrease the amount of earnings
and assets available for distribution to holders of shares of common stock. The issuance also may adversely affect the rights
and powers, including voting rights, of those holders and may have the effect of delaying, deterring or preventing a change in
control of our company.
Cumulative
Voting
. Our certificate of incorporation does not provide for cumulative voting in the election of directors which would
allow holders of less than a majority of the stock to elect some directors.
Vacancies
.
Section 223 of the Delaware General Corporation Law and our bylaws provide that all vacancies, including newly created directorships,
may be filled by the affirmative vote of a majority of directors then in office, even if less than a quorum.
Special
Meeting of Stockholders
. A special meeting of stockholders may be called by our board of directors or the Chairman of
our board of directors and at the request in writing of holders of record of a majority of our outstanding capital stock entitled
to vote. The requirement that a majority of our outstanding capital stock is required to call a special meeting means that small
stockholders will not have the power to call a special meeting to, for example, elect new directors.
GLOBAL
SECURITIES
Book-Entry,
Delivery and Form
Unless
we indicate differently in a prospectus supplement, the securities initially will be issued in book-entry form and represented
by one or more global notes or global securities (which we refer to collectively as “global securities”). The global
securities will be deposited with, or on behalf of, The Depository Trust Company, New York, New York, as depositary (which we
refer to as “DTC”), and registered in the name of Cede & Co., the nominee of DTC. Unless and until it is exchanged
for individual certificates evidencing securities under the limited circumstances described below, a global security may not be
transferred except as a whole by the depositary to its nominee or by the nominee to the depositary, or by the depositary or its
nominee to a successor depositary or to a nominee of the successor depositary.
DTC
has advised us that it is:
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a
limited-purpose trust company organized under the New York Banking Law;
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a
“banking organization” within the meaning of the New York Banking Law;
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a
member of the Federal Reserve System;
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a
“clearing corporation” within the meaning of the New York Uniform Commercial
Code; and
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a
“clearing agency” registered pursuant to the provisions of Section 17A of
the Exchange Act.
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DTC
holds securities that its participants deposit with DTC. DTC also facilitates the settlement among its participants of securities
transactions, such as transfers and pledges, in deposited securities through electronic computerized book-entry changes in participants’
accounts, thereby eliminating the need for physical movement of securities certificates. “Direct participants” in
DTC include securities brokers and dealers, including underwriters, banks, trust companies, clearing corporations and other organizations.
DTC is a wholly-owned subsidiary of The Depository Trust & Clearing Corporation, or DTCC. DTCC is the holding company for
DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies.
DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others, which we sometimes
refer to as indirect participants, that clear through or maintain a custodial relationship with a direct participant, either directly
or indirectly. The rules applicable to DTC and its participants are on file with the SEC.
Purchases
of securities under the DTC system must be made by or through direct participants, which will receive a credit for the securities
on DTC’s records. The ownership interest of the actual purchaser of a security, which we sometimes refer to as a beneficial
owner, is in turn recorded on the direct and indirect participants’ records. Beneficial owners of securities will not receive
written confirmation from DTC of their purchases. However, beneficial owners are expected to receive written confirmations providing
details of their transactions, as well as periodic statements of their holdings, from the direct or indirect participants through
which they purchased securities. Transfers of ownership interests in global securities are to be accomplished by entries made
on the books of participants acting on behalf of beneficial owners. Beneficial owners will not receive certificates representing
their ownership interests in the global securities, except under the limited circumstances described below.
To
facilitate subsequent transfers, all global securities deposited by direct participants with DTC will be registered in the name
of DTC’s partnership nominee, Cede & Co., or such other name as may be requested by an authorized representative of
DTC. The deposit of securities with DTC and their registration in the name of Cede & Co. or such other nominee will not change
the beneficial ownership of the securities. DTC has no knowledge of the actual beneficial owners of the securities. DTC’s
records reflect only the identity of the direct participants to whose accounts the securities are credited, which may or may not
be the beneficial owners. The participants are responsible for keeping account of their holdings on behalf of their customers.
So
long as the securities are in book-entry form, you will receive payments and may transfer securities only through the facilities
of the depositary and its direct and indirect participants. We will maintain an office or agency in the location specified in
the prospectus supplement for the applicable securities, where notices and demands in respect of the securities and the indenture
may be delivered to us and where certificated securities may be surrendered for payment, registration of transfer or exchange.
Conveyance
of notices and other communications by DTC to direct participants, by direct participants to indirect participants and by direct
participants and indirect participants to beneficial owners will be governed by arrangements among them, subject to any legal
requirements in effect from time to time.
Redemption
notices will be sent to DTC. If less than all of the securities of a particular series are being redeemed, DTC’s practice
is to determine by lot the amount of the interest of each direct participant in the securities of such series to be redeemed.
Neither
DTC nor Cede & Co. (or such other DTC nominee) will consent or vote with respect to the securities. Under its usual procedures,
DTC will mail an omnibus proxy to us as soon as possible after the record date. The omnibus proxy assigns the consenting or voting
rights of Cede & Co. to those direct participants to whose accounts the securities of such series are credited on the record
date, identified in a listing attached to the omnibus proxy.
So
long as securities are in book-entry form, we will make payments on those securities to the depositary or its nominee, as the
registered owner of such securities, by wire transfer of immediately available funds. If securities are issued in definitive certificated
form under the limited circumstances described below, we will have the option of making payments by check mailed to the addresses
of the persons entitled to payment or by wire transfer to bank accounts in the United States designated in writing to the applicable
trustee or other designated party at least 15 days before the applicable payment date by the persons entitled to payment, unless
a shorter period is satisfactory to the applicable trustee or other designated party.
Redemption
proceeds, distributions and dividend payments on the securities will be made to Cede & Co., or such other nominee as may be
requested by an authorized representative of DTC. DTC’s practice is to credit direct participants’ accounts upon DTC’s
receipt of funds and corresponding detail information from us on the payment date in accordance with their respective holdings
shown on DTC records. Payments by participants to beneficial owners will be governed by standing instructions and customary practices,
as is the case with securities held for the account of customers in bearer form or registered in “street name.” Those
payments will be the responsibility of participants and not of DTC or us, subject to any statutory or regulatory requirements
in effect from time to time. Payment of redemption proceeds, distributions and dividend payments to Cede & Co., or such other
nominee as may be requested by an authorized representative of DTC, is our responsibility, disbursement of payments to direct
participants is the responsibility of DTC, and disbursement of payments to the beneficial owners is the responsibility of direct
and indirect participants.
Except
under the limited circumstances described below, purchasers of securities will not be entitled to have securities registered in
their names and will not receive physical delivery of securities. Accordingly, each beneficial owner must rely on the procedures
of DTC and its participants to exercise any rights under the securities and the indenture.
The
laws of some jurisdictions may require that some purchasers of securities take physical delivery of securities in definitive form.
Those laws may impair the ability to transfer or pledge beneficial interests in securities.
DTC
may discontinue providing its services as securities depositary with respect to the securities at any time by giving reasonable
notice to us. Under such circumstances, in the event that a successor depositary is not obtained, securities certificates are
required to be printed and delivered.
As
noted above, beneficial owners of a particular series of securities generally will not receive certificates representing their
ownership interests in those securities. However, if:
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DTC
notifies us that it is unwilling or unable to continue as a depositary for the global
security or securities representing such series of securities or if DTC ceases to be
a clearing agency registered under the Exchange Act at a time when it is required to
be registered and a successor depositary is not appointed within 90 days of the notification
to us or of our becoming aware of DTC’s ceasing to be so registered, as the case
may be;
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we
determine, in our sole discretion, not to have such securities represented by one or
more global securities; or
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an
Event of Default has occurred and is continuing with respect to such series of securities,
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we
will prepare and deliver certificates for such securities in exchange for beneficial interests in the global securities. Any beneficial
interest in a global security that is exchangeable under the circumstances described in the preceding sentence will be exchangeable
for securities in definitive certificated form registered in the names that the depositary directs. It is expected that these
directions will be based upon directions received by the depositary from its participants with respect to ownership of beneficial
interests in the global securities.
We
have obtained the information in this section and elsewhere in this prospectus concerning DTC and DTC’s book-entry system
from sources that are believed to be reliable, but we take no responsibility for the accuracy of this information.
PLAN
OF DISTRIBUTION
We
may offer and sell the securities in any one or more of the following ways:
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to
or through underwriters, brokers or dealers;
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directly
to one or more other purchasers;
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through
a block trade in which the broker or dealer engaged to handle the block trade will attempt
to sell the securities as agent, but may position and resell a portion of the block as
principal to facilitate the transaction;
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through
agents on a best-efforts basis;
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in
“at the market” offerings, as defined in Rule 415 under the Securities Act,
at negotiated prices, at prices prevailing at the time of sale or at prices related to
such prevailing market prices, including sales made directly on the Nasdaq Capital Market
or sales made through a market maker other than on an exchange or other similar offerings
through sales agents; or
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otherwise
through any other method permitted by applicable law or a combination of any of the above
methods of sale.
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In
addition, we may enter into option, share lending or other types of transactions that require us to deliver shares of common stock
to an underwriter, broker or dealer, who will then resell or transfer the shares of common stock under this prospectus. We may
also enter into hedging transactions with respect to our securities. For example, we may:
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enter
into transactions involving short sales of the shares of common stock by underwriters,
brokers or dealers;
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sell
shares of common stock short and deliver the shares to close out short positions;
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enter
into option or other types of transactions that require the delivery of shares of common
stock to an underwriter, broker or dealer, who will then resell or transfer the shares
of common stock under this prospectus; or
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loan
or pledge the shares of common stock to an underwriter, broker or dealer, who may sell
the loaned shares or, in the event of default, sell the pledged shares.
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We
may enter into derivative transactions with third parties, or sell securities not covered by this prospectus to third parties
in privately negotiated transactions. If the applicable prospectus supplement indicates, in connection with those derivatives,
the third parties may sell securities covered by this prospectus and the applicable prospectus supplement, including in short
sale transactions. If so, the third party may use securities pledged by or borrowed from us or others to settle those sales or
to close out any related open borrowings of stock, and may use securities received from us in settlement of those derivatives
to close out any related open borrowings of stock. The third party in such sale transactions will be an underwriter and, if not
identified in this prospectus, will be identified in the applicable prospectus supplement (or a post-effective amendment). In
addition, we may otherwise loan or pledge securities to a financial institution or other third party that in turn may sell the
securities short using this prospectus. Such financial institution or other third party may transfer its economic short position
to investors in our securities or in connection with a concurrent offering of other securities.
Each
time we sell securities, we will provide a prospectus supplement that will name any underwriter, dealer or agent involved in the
offer and sale of the securities. Any prospectus supplement will also set forth the terms of the offering, including:
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the
purchase price of the securities and the proceeds we will receive from the sale of the
securities;
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any
underwriting discounts and other items constituting underwriters’ compensation;
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any
public offering or purchase price and any discounts or commissions allowed or re-allowed
or paid to dealers;
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any
commissions allowed or paid to agents;
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any
other offering expenses;
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any
securities exchanges on which the securities may be listed;
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the
method of distribution of the securities;
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the
terms of any agreement, arrangement or understanding entered into with the underwriters,
brokers or dealers; and
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any
other information we think is important.
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If underwriters or dealers are used in the sale, the securities will be acquired by the underwriters or dealers for their own account.
The securities may be sold from time to time by us in one or more transactions:
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at
a fixed price or prices, which may be changed;
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at
market prices prevailing at the time of sale;
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at
prices related to such prevailing market prices;
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at
varying prices determined at the time of sale; or
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Such
sales may be effected:
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in
transactions on any national securities exchange or quotation service on which the securities
may be listed or quoted at the time of sale;
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in
transactions in the over-the-counter market;
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in
block transactions in which the broker or dealer so engaged will attempt to sell the
securities as agent but may position and resell a portion of the block as principal to
facilitate the transaction, or in crosses, in which the same broker acts as an agent
on both sides of the trade;
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through
the writing of options; or
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through
other types of transactions.
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The
securities may be offered to the public either through underwriting syndicates represented by one or more managing underwriters
or directly by one or more of such firms. Unless otherwise set forth in the prospectus supplement, the obligations of underwriters
or dealers to purchase the securities offered will be subject to certain conditions precedent and the underwriters or dealers
will be obligated to purchase all the offered securities if any are purchased. Any public offering price and any discount or concession
allowed or reallowed or paid by underwriters or dealers to other dealers may be changed from time to time.
The
securities may be sold directly by us or through agents designated by us from time to time. Any agent involved in the offer or
sale of the securities in respect of which this prospectus is delivered will be named, and any commissions payable to such agent
will be set forth in, the prospectus supplement. Unless otherwise indicated in the prospectus supplement, any such agent will
be acting on a best efforts basis for the period of its appointment.
Offers
to purchase the securities offered by this prospectus may be solicited, and sales of the securities may be made by us directly
to institutional investors or others, who may be deemed to be underwriters within the meaning of the Securities Act with respect
to any resale of the securities. The terms of any offer made in this manner will be included in the prospectus supplement relating
to the offer.
Some
of the underwriters, dealers or agents used by us in any offering of securities under this prospectus may be customers of, engage
in transactions with, and perform services for us or affiliates of ours in the ordinary course of business. Underwriters, dealers,
agents and other persons may be entitled to indemnification against and contribution toward certain civil liabilities, including
liabilities under the Securities Act, and to be reimbursed for certain expenses.
Subject
to any restrictions relating to debt securities in bearer form, any securities initially sold outside the United States may be
resold in the United States through underwriters, dealers or otherwise.
Any
underwriters to which offered securities are sold by us for public offering and sale may engage in transactions that stabilize,
maintain or otherwise affect the price of the common stock during and after this offering, but those underwriters will not be
obligated to do so and may discontinue any market making at any time. Specifically, the underwriters may over-allot or otherwise
create a short position in the common stock for their own accounts by selling more common stock than have been sold to them by
us. The underwriters may elect to cover any such short position by purchasing common stock in the open market or by exercising
the over-allotment option granted to the underwriters. In addition, the underwriters may stabilize or maintain the price of the
common stock by bidding for or purchasing common stock in the open market and may impose penalty bids. If penalty bids are imposed,
selling concessions allowed to syndicate members or other broker-dealers participating in the offering are reclaimed if common
stock previously distributed in the offering are repurchased, whether in connection with stabilization transactions or otherwise.
The effect of these transactions may be to stabilize or maintain the market price of the common stock at a level above that which
might otherwise prevail in the open market. The imposition of a penalty bid may also affect the price of the common stock to the
extent that it discourages resales of the common stock. The magnitude or effect of any stabilization or other transactions is
uncertain. These transactions may be effected on the Nasdaq Capital Market or otherwise and, if commenced, may be discontinued
at any time.
In
connection with this offering, the underwriters and selling group members may also engage in passive market making transactions
in our common stock. Passive market making consists of displaying bids on the Nasdaq Capital Market limited by the prices of independent
market makers and effecting purchases limited by those prices in response to order flow. Rule 103 of Regulation M promulgated
by the SEC limits the amount of net purchases that each passive market maker may make and the displayed size of each bid. Passive
market making may stabilize the market price of the common stock at a level above that which might otherwise prevail in the open
market and, if commenced, may be discontinued at any time.
We
are subject to the applicable provisions of the Exchange Act and the rules and regulations under the Exchange Act, including Regulation
M. This regulation may limit the timing of purchases and sales of any of the shares of common stock offered in this prospectus
by any person. The anti-manipulation rules under the Exchange Act may apply to sales of shares in the market and to the activities
of us.
The
anticipated date of delivery of the securities offered by this prospectus will be described in the applicable prospectus supplement
relating to the offering.
Any
broker-dealer participating in the distribution of the shares of common stock may be deemed to be an “underwriter”
within the meaning of the Securities Act with respect to any securities such entity sells pursuant to this prospectus.
To
comply with the securities laws of some states, if applicable, the securities may be sold in these jurisdictions only through
registered or licensed brokers or dealers. In addition, in some states the securities may not be sold unless they have been registered
or qualified for sale or an exemption from registration or qualification requirements is available and is complied with.
LEGAL
MATTERS
The
validity of the issuance of the securities offered hereby will be passed upon for us by Greenberg Traurig LLP, Los Angeles, California.
Any underwriters will also be advised about the validity of the securities and other legal matters by their own counsel, which
will be named in the prospectus supplement.
EXPERTS
Rosenberg
Rich Baker Berman P.A., independent registered public accounting firm, has audited our consolidated financial statements included
in our Annual Report on Form 10-K for the years ended December 31, 2017 and 2016, as set forth in their report, which is incorporated
by reference in this registration statement. Our consolidated financial statements for the years ended December 31, 2017 and 2016 are incorporated by reference in
reliance on Rosenberg Rich Baker Berman P.A.’s report, given on their authority as experts in accounting and auditing.
The
balance sheet of Zone Technologies, Inc. as of December 31, 2015, and the related statements of operations, stockholders’
deficit, and cash flows for the period then ended, have been audited by EisnerAmper LLP, independent registered public accounting
firm, as stated in their report which is incorporated by reference from the Company’s Form 8-K/A, Amendment No. 1, filed
with the Securities and Exchange Commission on September 20, 2016, which report includes an explanatory paragraph about the existence
of substantial doubt concerning Zone Technologies, Inc.’s ability to continue as a going concern. Such financial statements
have been incorporated herein by reference in reliance on the report of such firm given upon their authority as experts in accounting
and auditing.
The
balance sheets of MoviePass Inc. as of December 31, 2016 and 2015, and the related statements of operations, stockholders’
equity, and cash flows for each of the years then ended, have been audited by EisnerAmper LLP, independent registered public accounting
firm, as stated in their report which is incorporated by reference from the Company’s Form 8-K filed with the Securities
and Exchange Commission on November 30, 2017 which report includes an explanatory paragraph about the existence of substantial
doubt concerning MoviePass Inc.’s ability to continue as a going concern. Such financial statements have been incorporated
herein by reference in reliance on the report of such firm given upon their authority as experts in accounting and auditing.
WHERE
YOU CAN FIND MORE INFORMATION
We
have filed with the SEC a registration statement on Form S-3 under the Securities Act, with respect to the securities covered
by this prospectus. This prospectus, which is a part of the registration statement, does not contain all of the information set
forth in the registration statement or the exhibits and schedules filed therewith. For further information with respect to us
and the securities covered by this prospectus, please see the registration statement and the exhibits filed with the registration
statement. A copy of the registration statement and the exhibits filed with the registration statement may be inspected without
charge at the Public Reference Room maintained by the SEC, located at 100 F Street, N.E., Washington, D.C. 20549. Please call
the SEC at 1-800-SEC-0330 for more information about the operation of the Public Reference Room. The SEC also maintains an Internet
website that contains reports, proxy and information statements and other information regarding registrants that file electronically
with the SEC. The address of the website is http://www.sec.gov.
We
are subject to the information and periodic reporting requirements of the Exchange Act and, in accordance therewith, we file periodic
reports, proxy statements and other information with the SEC. Such periodic reports, proxy statements and other information are
available for inspection and copying at the Public Reference Room and website of the SEC referred to above. We maintain a website
at http://www.hmny.com. You may access our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form
8-K and amendments to those reports filed pursuant to Sections 13(a) or 15(d) of the Exchange Act with the SEC free of charge
at our website as soon as reasonably practicable after such material is electronically filed with, or furnished to, the SEC. Our
website and the information contained on that site, or connected to that site, are not incorporated into and are not a part of
this prospectus.
INFORMATION
INCORPORATED BY REFERENCE
The
SEC and applicable law permits us to “incorporate by reference” into this prospectus information that we have or may
in the future file with or furnish to the SEC. This means that we can disclose important information by referring you to those
documents. You should read carefully the information incorporated herein by reference because it is an important part of this
prospectus. We hereby incorporate by reference the following documents into this prospectus:
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our Annual Report on Form 10-K for the fiscal year ended December 31, 2017 filed with the SEC on April 17, 2018;
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our Current Reports on Form 8-K filed with the SEC on April 18, 2018, April 19, 2018, April 20, 2018, May 8, 2018, June 4, 2018, June 21, 2018. June 26, 2018, and June 29, 2018;
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our Quarterly Report on Form 10-Q for the quarter ended March 31, 2018 filed with the SEC on May 15, 2018;
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the financial statements of Zone Technologies, Inc. for the period ended December 31, 2015 and the interim period ended June 30, 2016 included in our Current Report on Form 8-K/A filed with the SEC on September 20, 2016; and
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the financial statements of MoviePass Inc. for the year ended December 31, 2016 and the interim period ended September 30, 2017 included in our Current Report on Form 8-K filed with the SEC on November 30, 2017.
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Additionally,
all documents filed by us with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act (other than any portions of
filings that are furnished rather than filed pursuant to Items 2.02 and 7.01 of a Current Report on Form 8-K), after the date
of this prospectus and before the termination or completion of this offering (including all such documents filed with the SEC
after the date of the initial registration statement and prior to the effectiveness of the registration statement) shall be deemed
to be incorporated by reference into this prospectus from the respective dates of filing of such documents. Any information that
we subsequently file with the SEC that is incorporated by reference as described above will automatically update and supersede
any previous information that is part of this prospectus.
Upon
written or oral request, we will provide you without charge, a copy of any or all of the documents incorporated by reference,
other than exhibits to those documents unless the exhibits are specifically incorporated by reference in the documents. Please
send requests to Helios and Matheson Analytics Inc., Attn: Chief Executive Officer, The Empire State Building, 350 Fifth Avenue,
New York, New York 10118, telephone number is (212) 979-8228.
UNAUDITED
PRO FORMA FINANCIAL INFORMATION
On
December 11, 2017, we completed the acquisition of a 62.41% majority interest in MoviePass, for the following consideration: (1)
a subordinated convertible promissory note in the principal amount of $12,000,000, which is convertible into shares of our common
stock, as further described below; (2) a $5,000,000 promissory note issued to MoviePass; (3) the exchange of a convertible promissory
note issued by MoviePass to us in an aggregate principal amount of $11,500,000 (plus accrued interest thereon); (4) $1,000,000
in cash to purchase outstanding convertible notes of MoviePass, which were converted into shares of MoviePass’ common stock
amounting to an additional 2% of the outstanding shares of MoviePass common stock; and (5) $20,000,000 in cash pursuant to the
Investment Option Agreement, dated October 11, 2017, between us and MoviePass.
On
March 8, 2018, we entered into a subscription agreement with MoviePass, pursuant to which, in lieu of repayment of advances totaling
$55,525,000 made by us, MoviePass agreed to sell to us an amount of MoviePass common stock equal to 18.79% of the total then outstanding
shares of MoviePass common stock (excluding shares underlying MoviePass options and warrants), which we refer to as the March
2018 MoviePass Purchased Shares. MoviePass also agreed to issue to us, in addition to the March 2018 MoviePass Purchased Shares,
without payment of additional consideration by us, for purposes of anti-dilution, an amount of shares of MoviePass common stock
that caused our total ownership of the outstanding shares of MoviePass common stock (excluding shares underlying MoviePass options
and warrants), together with the March 2018 MoviePass Purchased Shares, to equal 81.2% as of March 8, 2018.
From
February 27, 2018 through April 12, 2018, we advanced a total of $35,000,000 to MoviePass, which we refer to as the second advance.
On April 16, 2018, we entered into an additional subscription agreement with MoviePass, pursuant to which, in lieu of repayment
of the second advance, MoviePass agreed to sell to us an amount of shares of common stock of MoviePass equal to 10.6% of the total
then outstanding MoviePass common stock (excluding shares underlying MoviePass options and warrants), which we refer to as the
April 2018 MoviePass Purchased Shares, based on a pre-money valuation of MoviePass of $295,525,000 as of March 31, 2018. Pursuant
to the April 16, 2018 subscription agreement, MoviePass also agreed to issue to us, in addition to the April 2018 MoviePass Purchased
Shares, without payment of additional consideration by us, for purposes of anti-dilution, an amount of shares of common stock
of MoviePass that caused our total ownership of the outstanding shares of common stock of MoviePass (excluding shares underlying
MoviePass options and warrants), together with the April 2018 MoviePass Purchased Shares, to equal 91.8% as of April 12, 2018.
The acquisition of 91.8% of the MoviePass shares of common stock is referred to as the MoviePass Transaction.
The
following unaudited pro forma condensed combined financial information is based on our historical consolidated financial statements
and MoviePass’ historical consolidated financial statements as adjusted to give effect to the MoviePass Transaction. The
unaudited pro forma condensed combined statements of operations for the three months ended March 31, 2018 and the 12 months ended
December 31, 2017 give effect to the MoviePass Transaction as if it had occurred on January 1, 2017.
The
pro forma combined financial statements do not necessarily reflect what the combined company’s financial condition or results
of operations would have been had the MoviePass Transaction occurred on the dates indicated. They also may not be useful in predicting
the future financial condition and results of operations of the combined company. The actual financial position and results of
operations may differ significantly from the pro forma amounts reflected herein due to a variety of factors.
Unaudited
Pro Forma Condensed Combined Statements of Operations
Year Ended December 31, 2017
|
|
Helios and Matheson Analytics Inc.
|
|
|
MoviePass, Inc. for the period from January 1, 2017 to December 10, 2017
|
|
|
Adjustments
|
|
|
Notes
|
|
Pro Forma Results Adjusted for Acquisition of MoviePass, Inc.
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
$
|
4,512,300
|
|
|
$
|
-
|
|
|
$
|
|
|
|
|
|
$
|
4,512,300
|
|
Subscription
|
|
|
5,929,267
|
|
|
|
14,554,809
|
|
|
|
|
|
|
|
|
|
20,484,076
|
|
Total Revenues
|
|
|
10,441,567
|
|
|
|
14,554,809
|
|
|
|
|
|
|
|
|
|
24,996,376
|
|
Cost of revenue
|
|
|
20,538,709
|
|
|
|
46,187,587
|
|
|
|
|
|
|
1
|
|
|
66,726,296
|
|
Gross (loss)
|
|
|
(10,097,142
|
)
|
|
|
(31,632,778
|
)
|
|
|
|
|
|
|
|
|
(41,729,920
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general & administrative
|
|
|
35,698,134
|
|
|
|
12,881,485
|
|
|
|
(691,500
|
)
|
|
2
|
|
|
47,888,119
|
|
Research and development
|
|
|
2,012,548
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,012,548
|
|
Loss on impairment of Zone goodwill and intangible assets
|
|
|
6,256,983
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,256,983
|
|
Depreciation & amortization
|
|
|
1,951,977
|
|
|
|
104,379
|
|
|
|
3,384,868
|
|
|
3
|
|
|
5,441,224
|
|
Total operating expenses
|
|
|
45,919,642
|
|
|
|
12,985,864
|
|
|
|
2,693,368
|
|
|
|
|
|
61,598,874
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from operations
|
|
|
(56,016,784
|
)
|
|
|
(44,618,642
|
)
|
|
|
(2,693,368
|
)
|
|
|
|
|
(103,328,794
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income/(expense):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in fair market value – derivative liabilities
|
|
|
28,303,612
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28,303,612
|
|
Change in fair market value – warrant liabilities
|
|
|
(20,409,937
|
)
|
|
|
4,818
|
|
|
|
|
|
|
|
|
|
(20,405,119
|
)
|
Loss on extinguishment of debt
|
|
|
(4,346,885
|
)
|
|
|
(11,680,959
|
)
|
|
|
|
|
|
|
|
|
(16,027,844
|
)
|
Interest expense
|
|
|
(98,478,473
|
)
|
|
|
(661,626
|
)
|
|
|
|
|
|
|
|
|
(99,140,099
|
)
|
Interest income
|
|
|
177,157
|
|
|
|
|
|
|
|
|
|
|
|
|
|
177,157
|
|
Total other expense
|
|
|
(94,754,526
|
)
|
|
|
(12,337,767
|
)
|
|
|
-
|
|
|
4
|
|
|
(107,092,293
|
)
|
Loss before income taxes
|
|
|
(150,771,310
|
)
|
|
|
(56,956,409
|
)
|
|
|
(2,693,368
|
)
|
|
|
|
|
(210,421,087
|
)
|
Provision for income tax
|
|
|
53,532
|
|
|
|
|
|
|
|
|
|
|
|
|
|
53,532
|
|
Net loss
|
|
|
(150,824,842
|
)
|
|
|
(56,956,409
|
)
|
|
|
(2,693,368
|
)
|
|
|
|
|
(210,474,619
|
)
|
Net loss attributable to the non-controlling interest
|
|
|
4,850,308
|
|
|
|
|
|
|
|
1,987,461
|
|
|
5
|
|
|
6,837,769
|
|
Net loss attributable to Helios and Matheson Analytics, Inc.
|
|
$
|
(145,974,534
|
)
|
|
$
|
(56,956,409
|
)
|
|
$
|
(705,907
|
)
|
|
|
|
$
|
(203,636,850
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income – foreign currency adjustment
|
|
|
3,011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,011
|
|
Comprehensive loss
|
|
$
|
(145,971,523
|
)
|
|
$
|
(56,956,409
|
)
|
|
$
|
(705,907
|
)
|
|
|
|
$
|
(203,633,839
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss per share attributable to
common stockholders
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and Diluted
|
|
$
|
(17.46
|
)
|
|
$
|
|
|
|
$
|
|
|
|
|
|
$
|
(24.35
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares
|
|
|
8,361,094
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,361,094
|
|
Notes:
1. In
connection with the allocation of purchase price to the acquired assets and liabilities, we determined that the acquired deferred
revenue at the acquisition date should be increased to include the estimated additional service obligations which will be incurred
in the future as the deferred revenue is recognized. These amounts will be recognized in future periods as a credit against service
costs. As these credits are non-recurring and relate to future periods, except to the extent included in the actual results for
the period December 11, 2017 through December 31, 2017 and for the Quarter ended March 31, 2018, the unaudited pro forma condensed
combined statements of operations for the year ended December 31, 2017 do not include any further adjustments related to these
deferred service cost credits.
2. Adjustment
to remove non-recurring transaction costs associated with the acquisition.
3. Adjustment
to reflect amortization of acquired identifiable intangible assets of MoviePass from January 1, 2017 to December 10, 2017. Amortization
expense is recognized on a straight line basis over the useful life of the intangible assets. The useful lives of the MoviePass
intangible assets are as follows:
Intangible Assets
|
|
Useful Life
|
Customer Relationships
|
|
7
|
Technology
|
|
3
|
Tradenames and Trademarks
|
|
10
|
4. The
unaudited pro forma condensed combined statements of operations for the year ended December 31, 2017 do not include any adjustments
related to acquisition financing costs as we believe that the financing costs that would have been incurred had the MoviePass
Transaction taken place on January 1, 2017, would not vary materially from the costs included in the actual results for 2017 and
due to the complexity of the financing transactions recalculation was deemed to be impractical.
5. Represents
the adjustment to recognize the non- controlling interest share of the MoviePass net loss for the period January 1, 2017 through
December 31, 2017 at 8.2%.
Unaudited
Pro Forma Condensed Combined Statements of Operations
Quarter Ended March 31, 2018
|
|
Helios and Matheson Analytics Inc.
|
|
|
Adjustments
|
|
|
Notes
|
|
Pro Forma Results Adjusted for Increase in Ownership of MoviePass, Inc.
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
$
|
839,503
|
|
|
|
|
|
|
|
|
$
|
839,503
|
|
Subscription
|
|
|
47,162,447
|
|
|
|
|
|
|
|
|
|
47,162,447
|
|
Marketing and promotional services
|
|
|
1,440,910
|
|
|
|
|
|
|
|
|
|
1,440,910
|
|
Total Revenues
|
|
|
49,442,860
|
|
|
|
-
|
|
|
|
|
|
49,442,860
|
|
Cost of revenue
|
|
|
135,968,976
|
|
|
|
|
|
|
|
|
|
135,968,976
|
|
Gross (loss)
|
|
|
(86,526,116
|
)
|
|
|
-
|
|
|
|
|
|
(86,526,116
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general & administrative
|
|
|
19,709,831
|
|
|
|
|
|
|
|
|
|
19,709,831
|
|
Research and development
|
|
|
224,771
|
|
|
|
|
|
|
|
|
|
224,771
|
|
Depreciation & amortization
|
|
|
1,271,275
|
|
|
|
|
|
|
|
|
|
1,271,275
|
|
Total operating expenses
|
|
|
21,205,877
|
|
|
|
-
|
|
|
|
|
|
21,205,877
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from operations
|
|
|
(107,731,993
|
)
|
|
|
|
|
|
|
|
|
(107,731,993
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income/(expense):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in fair market value – derivative liabilities
|
|
|
8,597,378
|
|
|
|
|
|
|
|
|
|
8,597,378
|
|
Change in fair market value – warrant liabilities
|
|
|
93,608,200
|
|
|
|
|
|
|
|
|
|
93,608,200
|
|
Gain on extinguishment of debt
|
|
|
15,007,699
|
|
|
|
|
|
|
|
|
|
15,007,699
|
|
Interest expense
|
|
|
(35,534,899
|
)
|
|
|
|
|
|
1
|
|
|
(35,534,899
|
)
|
Interest income
|
|
|
15,341
|
|
|
|
|
|
|
|
|
|
15,341
|
|
Total other income
|
|
|
81,693,719
|
|
|
|
-
|
|
|
|
|
|
81,693,719
|
|
Loss before income taxes
|
|
|
(26,038,274
|
)
|
|
|
-
|
|
|
|
|
|
(26,038,274
|
)
|
Provision for income tax
|
|
|
7,951
|
|
|
|
|
|
|
|
|
|
7,951
|
|
Net loss
|
|
|
(26,046,225
|
)
|
|
|
-
|
|
|
|
|
|
(26,046,225
|
)
|
Net loss attributable to the non-controlling interest
|
|
|
31,222,100
|
|
|
|
23,177,198
|
|
|
2
|
|
|
8,044,902
|
|
Net income/(loss) attributable to Helios and Matheson Analytics, Inc.
|
|
$
|
5,175,875
|
|
|
$
|
23,177,198
|
|
|
|
|
$
|
(18,001,323
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive (loss) – foreign currency adjustment
|
|
|
(7,150
|
)
|
|
|
|
|
|
|
|
|
(7,150
|
)
|
Comprehensive income/(loss)
|
|
$
|
5,168,725
|
|
|
$
|
23,177,198
|
|
|
|
|
$
|
(18,008,473
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic income (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income/(loss) per share attributable to common stockholders –basic
|
|
$
|
0.15
|
|
|
|
|
|
|
|
|
$
|
(0.52
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares – basic
|
|
|
34,850,281
|
|
|
|
|
|
|
|
|
|
34,850,281
|
|
Diluted income per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income per share attributable to common stockholders –diluted
|
|
$
|
0.09
|
|
|
|
|
|
|
|
|
|
n/a
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares – diluted
|
|
|
36,602,367
|
|
|
|
|
|
|
|
|
|
n/a
|
|
Notes:
1. The
unaudited pro forma condensed combined statements of operations for the quarter ended March 31, 2018 do not include any adjustments
related to acquisition financing costs as we believe that the financing costs that would have been incurred had the MoviePass
transaction taken place on January 1, 2017, would not vary materially from the costs included in the actual results for the quarter
ended March 31, 2018 and due to the complexity of the financing transactions, recalculation was deemed to be impractical.
2. Represents
the adjustment to reduce the non-controlling interest share of the MoviePass net loss for the period January 1, 2018 through March
7, 2018 to 8.2%.
PART
II
INFORMATION
NOT REQUIRED IN PROSPECTUS
Item
14. Other Expenses of Issuance and Distribution.
The
following statement sets forth the expenses and costs expected to be incurred by Helios and Matheson Analytics Inc. in connection
with the distribution of its securities being registered in this registration statement.
SEC registration fee
|
|
$
|
149,400
|
|
Transfer agent’s fees and expenses
|
|
$
|
|
(1)
|
Legal fees and expenses
|
|
$
|
|
(1)
|
Accounting fees and expenses
|
|
$
|
|
(1)
|
Trustee Fees and Expenses
|
|
$
|
|
(1)
|
Printing Expenses
|
|
$
|
|
(1)
|
Miscellaneous fees and expenses
|
|
$
|
|
(1)
|
|
|
|
|
|
Total
|
|
$
|
|
(1)
|
(1)
|
These
fees will be dependent on the type of securities offered and the number of offerings,
and, therefore, cannot be estimated at this time. In accordance with Rule 430B, additional
information regarding estimated fees and expenses will be provided at the time information
as to an offering is included in a prospectus supplement.
|
Item
15. Indemnification of Officers and Directors.
Section
145 of the General Corporation Law of the State of Delaware provides, in general, that a corporation incorporated under the laws
of the State of Delaware, as we are, may indemnify any person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding (other than a derivative action by or in the right of the corporation)
by reason of the fact that such person is or was a director, officer, employee or agent of the corporation, or is or was serving
at the request of the corporation as a director, officer, employee or agent of another enterprise, against expenses (including
attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection
with such action, suit or proceeding if such person acted in good faith and in a manner such person reasonably believed to be
in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable
cause to believe such person’s conduct was unlawful. In the case of a derivative action, a Delaware corporation may indemnify
any such person against expenses (including attorneys’ fees) actually and reasonably incurred by such person in connection
with the defense or settlement of such action or suit if such person acted in good faith and in a manner such person reasonably
believed to be in or not opposed to the best interests of the corporation, except that no indemnification will be made in respect
of any claim, issue or matter as to which such person will have been adjudged to be liable to the corporation unless and only
to the extent that the Court of Chancery of the State of Delaware or any other court in which such action was brought determines
such person is fairly and reasonably entitled to indemnity for such expenses.
Our
certificate of incorporation and bylaws provide that we will indemnify our directors, officers, employees and agents to the extent
and in the manner permitted by the provisions of the General Corporation Law of the State of Delaware. Our certificate of incorporation
states that this right of indemnification shall inure whether or not the claim asserted is based on matters which antedate the
adoption of the certificate of incorporation. The right of indemnification shall continue as to a person who has ceased to be
a director, officer, incorporator, employee, partner, trustee, or agent and will inure to the benefit of the heirs and personal
representatives of such a person. The indemnification provided by the certification of incorporation will not be deemed exclusive
of any other rights which may be provided now or in the future under any provision currently in effect or hereafter adopted of
the bylaws, by any agreement, by vote of stockholders, by resolution of disinterested directors, by provision of law, or otherwise.
We
are also permitted to apply for insurance on behalf of any director, officer, employee or other agent for liability arising out
of his actions. Furthermore, we entered into indemnification agreements with our former officers and directors and we intend to
enter into these agreements with our current officers and directors. These agreements require us to indemnify the signatories
thereto (the “Indemnified Party”) from any expenses, as defined in the agreement, incurred as a result of any threatened,
pending or completed action, suit, investigation or proceeding, and any appeal thereof, whether brought by or in the right of
the Company or otherwise and whether civil, criminal, administrative or investigative, and/or any inquiry or investigation, in
which the Indemnified Party may be or may have been involved as a party or otherwise, by reason of the fact that the Indemnified
Party is or was a director or officer of the Company. The indemnification agreements also permit us to advance expenses to an
Indemnified Party, subject to an undertaking from the Indemnified Party that he or she will repay the expenses if it is ultimately
determined that he or she was not entitled to indemnification.
Article
Tenth of our certificate of incorporation provides that, to the fullest extent permitted by paragraph (7) of subsection (b) of
Section 102 of the Delaware General Corporation Law, none of our directors shall be liable to us or to any of our stockholders
for monetary damages for breach of fiduciary duty as a director. Article Tenth does not eliminate the liability of the director
(i) for any breach of the director’s duty of loyalty to us or to our stockholders, (ii) for acts or omissions not in good
faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the Delaware General Corporation
Law, or (iv) for any transaction from which the director derived an improper personal benefit. The term “damages”
shall, to the extent permitted by law, include without limitation, any judgment, fine, amount paid in settlement, penalty, punitive
damages, excise, or other tax assessed with respect to an employee benefit plan, or expense of any nature (including, without
limitation, counsel fees and disbursements). Each person who serves as our director shall be deemed to be doing so in reliance
on the provisions of Article Tenth, and neither the amendment or repeal of this provision in the certificate of incorporation,
nor the adoption of any provision of the certificate of incorporation inconsistent with Article Tenth, shall apply to or have
any effect on the liability or alleged liability of any director or the Company for, arising out of, based upon, or in connection
with any acts or omissions of such director occurring prior to such amendment, repeal, or adoption of an inconsistent provision.
The provisions of this Article Tenth are cumulative and are in addition to, and independent of, any and all other limitations
of the liabilities of our directors, whether such limitations or eliminations arise under or are created by any law, rule, regulations,
by-law, agreement, vote of stockholders or disinterested directors, or otherwise.
Item
16. Exhibits.
Exhibit
Number
|
|
Document
Description
|
1.1+
|
|
Form
of Underwriting Agreement.
|
2.1.1
|
|
Agreement and Plan of Merger by and among Helios and Matheson Analytics Inc., Zone Acquisition, Inc. and Zone Technologies, Inc. (1)
|
2.1.2
|
|
Waiver and First Amendment to Agreement and Plan of Merger (2)
|
2.1.3
|
|
Acknowledgment of Satisfaction of Condition and Second Amendment to Agreement and Plan of Merger (3)
|
2.2.1
|
|
Securities Purchase Agreement, dated August 15, 2017, by and between HMNY and MoviePass (4)
|
2.2.2
|
|
Amendment No. 1 to Securities Purchase Agreement, dated October 6, 2017, by and between HMNY and MoviePass (5)
|
2.2.3
|
|
Amendment No. 2 to Securities Purchase Agreement, dated December 11, 2017, by and between HMNY and MoviePass (6)
|
3.1
|
|
Certificate of Incorporation of Helios and Matheson Analytics Inc., as amended (7)
|
3.2
|
|
Bylaws of Helios and Matheson Analytics Inc. (8)
|
3.3
|
|
Certificate of Designations of the Series A Preferred Stock (9)
|
4.1
|
|
Specimen Common Stock Certificate (8)
|
4.2*
|
|
Form of Indenture for Debt Securities
|
4.3+
|
|
Form
of Debt Securities
|
4.4+
|
|
Form
of Certificate of Designation
|
4.5+
|
|
Form
of Warrant Agreements (including form of Warrants)
|
4.6+
|
|
Form
of Unit Agreement (including form of Unit Certificate)
|
4.7+
|
|
Form
of Subscription Rights Agreement (including form of Subscription Rights Certificate)
|
4.8+
|
|
Form
of Preferred Stock Certificate
|
5.1*
|
|
Opinion of Greenberg Traurig LLP
|
23.1*
|
|
Consent of Rosenberg Rich Baker Berman P.A., with respect to HMNY audited our consolidated financial statements included in our Annual Report on Form 10-K for the years ended December 31, 2017 and 2016.
|
23.2*
|
|
Consent of EisnerAmper LLP, with respect to the balance sheet of Zone Technologies, Inc. as of December 31, 2015, and the related statements of operations, stockholders’ deficit, and cash flows for the period then ended.
|
23.3*
|
|
Consent of EisnerAmper LLP, with respect to the balance sheets of MoviePass Inc. as of December 31, 2016 and 2015, and the related statements of operations, stockholders’ equity, and cash flows for each of the years then ended.
|
23.4
|
|
Consent of Greenberg Traurig LLP (included in Exhibit 5.1)
|
24.1
|
|
Power of Attorney (included on the signature pages to this registration statement).
|
25.1**
|
|
Form
T-1 Statement of Eligibility of the Trustee under the Trust Indenture Act of 1939, as amended
|
+
|
To be filed, if necessary, after effectiveness of this registration statement by an amendment to the registration statement or incorporated by reference to a Current Report on Form 8-K filed in connection with an underwritten offering of the shares offered hereunder.
|
*
|
Filed herewith.
|
**
|
To be filed pursuant to Section 305(b)(2) of the Trust Indenture Act of 1939, as amended.
|
(1)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on July 12, 2016 and incorporated by reference hereto.
|
(2)
|
Previously filed as an exhibit to the Company’s Current Report on Form 8-K filed on August 31, 2016 and incorporated by reference hereto.
|
(3)
|
Previously filed as an exhibit to the Company’s Current Report on Form 8-K filed on September 22, 2016 and incorporated by reference hereto.
|
|
|
(4)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on August 15, 2017 and incorporated by reference hereto.
|
(5)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on October 11, 2017 and incorporated by reference hereto.
|
(6)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on December 11, 2017 and incorporated by reference hereto.
|
(7)
|
Previously filed as an exhibit to the Company’s Form 10-K filed on April 14, 2017 and incorporated by reference hereto.
|
(8)
|
Previously filed as an exhibit to the Company’s Form 10-K filed on March 31, 2010 and incorporated by reference hereto.
|
(9)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on June 26, 2018 and incorporated by reference hereto.
|
Item
17. Undertakings.
|
(a)
|
The
undersigned Registrant hereby undertakes:
|
|
(1)
|
To
file, during any period in which offers or sales are being made, a post-effective amendment
to this registration statement:
|
|
(i)
|
To
include any prospectus required by Section 10(a) (3) of the Securities Act of 1933, as
amended;
|
|
(ii)
|
To
reflect in the prospectus any facts or events arising after the effective date of the
registration statement (or the most recent post-effective amendment thereof) which, individually
or in the aggregate, represent a fundamental change in the information set forth in the
registration statement. Notwithstanding the foregoing, any increase or decrease in volume
of securities offered (if the total dollar value of securities offered would not exceed
that which was registered) and any deviation from the low or high end of the estimated
maximum offering range may be reflected in the form of prospectus filed with the Commission
pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent
no more than 20% change in the maximum aggregate offering price set forth in the “Calculation
of Registration Fee” table in the effective registration statement.
|
|
(iii)
|
To
include any material information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change to such information in
the registration statement;
|
provided,
however
, that:
Paragraphs
(a)(1)(i), (a)(1)(ii) and (a)(1)(iii) of this section do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to
Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement,
or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the registration statement.
|
(2)
|
That,
for the purpose of determining any liability under the Securities Act of 1933, as amended,
each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
|
|
(3)
|
To
remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
|
|
(4)
|
That,
for the purpose of determining liability under the Securities Act of 1933, as amended,
to any purchaser:
|
|
(A)
|
Each
prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part
of the registration statement as of the date the filed prospectus was deemed part of
and included in the registration statement; and
|
|
(B)
|
Each
prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part
of a registration statement in reliance on Rule 430B relating to an offering made pursuant
to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required
by Section 10(a) of the Securities Act of 1933, as amended shall be deemed to be part
of and included in the registration statement as of the earlier of the date such form
of prospectus is first used after effectiveness or the date of the first contract of
sale of securities in the offering described in the prospectus. As provided in Rule 430B,
for liability purposes of the issuer and any person that is at that date an underwriter,
such date shall be deemed to be a new effective date of the registration statement relating
to the securities in the registration statement to which that prospectus relates, and
the offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof. Provided, however, that no statement made in a registration statement
or prospectus that is part of the registration statement or made in a document incorporated
or deemed incorporated by reference into the registration statement or prospectus that
is part of the registration statement will, as to a purchaser with a time of contract
of sale prior to such effective date, supersede or modify any statement that was made
in the registration statement or prospectus that was part of the registration statement
or made in any such document immediately prior to such effective date; or
|
|
(5)
|
That,
for the purpose of determining liability of the registrant under the Securities Act of
1933, as amended, to any purchaser in the initial distribution of the securities, the
undersigned registrant undertakes that in a primary offering of securities of the undersigned
registrant pursuant to this registration statement, regardless of the underwriting method
used to sell the securities to the purchaser, if the securities are offered or sold to
such purchaser by means of any of the following communications, the undersigned registrant
will be a seller to the purchaser and will be considered to offer or sell such securities
to such purchaser:
|
|
(i)
|
Any
preliminary prospectus or prospectus of the undersigned registrant relating to the offering
required to be filed pursuant to Rule 424;
|
|
(ii)
|
Any
free writing prospectus relating to the offering prepared by or on behalf of the undersigned
registrant or used or referred to by the undersigned registrant;
|
|
(iii)
|
The
portion of any other free writing prospectus relating to the offering containing material
information about the undersigned registrant or its securities provided by or on behalf
of the undersigned registrant; and
|
|
(iv)
|
Any
other communication that is an offer in the offering made by the undersigned registrant
to the purchaser.
|
|
(b)
|
The
undersigned registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act of 1933, as amended, each filing of the registrant’s annual
report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934
(and, where applicable, each filing of an employee benefit plan’s annual report
pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated
by reference in this registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.
|
|
(c)
|
Insofar
as indemnification for liabilities arising under the Securities Act of 1933, as amended,
may be permitted to directors, officers, and controlling persons of the registrant pursuant
to the foregoing provisions, or otherwise, the registrant has been advised that in the
opinion of the Securities and Exchange Commission, such indemnification is against public
policy as expressed in the Act and is, therefore, unenforceable. In the event that a
claim for indemnification against such liabilities (other than the payment by the registrant
of expenses incurred or paid by a director, officer, or controlling person of the registrant
in the successful defense of any action, suit, or proceeding) is asserted by such director,
officer, or controlling person in connection with the securities being registered, the
registrant will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the question of
whether such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
|
|
(d)
|
The
undersigned registrant hereby undertake to file an application for the purpose of determining
the eligibility of the trustee to act under subsection (a) of section 310 of the Trust
Indenture Act in accordance with the rules and regulations prescribed by the U.S. Securities
and Exchange Commission under section 305(b)(2) of the Trust Indenture Act.
|
|
(e)
|
The
undersigned registrant hereby undertakes to supplement the prospectus, after the expiration
of the subscription period, to set forth the results of the subscription offer, the transactions
by the underwriters during the subscription period, the amount of unsubscribed securities
to be purchased by the underwriters, and the terms of any subsequent reoffering thereof.
If any public offering by the underwriters is to be made on terms differing from those
set forth on the cover page of the prospectus, a post-effective amendment will be filed
to set forth the terms of such offering.
|
SIGNATURES
Pursuant to the requirements of the Securities
Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized,
in the City of New York, State of New York, on July 2, 2018.
|
HELIOS
AND MATHESON ANALYTICS INC.
|
|
|
|
By:
|
/s/
Theodore Farnsworth
|
|
|
Theodore
Farnsworth
|
|
|
Chief
Executive Officer
|
POWER
OF ATTORNEY
Know
All Men By These Presents, that each person whose signature appears below constitutes and appoints Theodore Farnsworth and Stuart
Benson and each of them as his true and lawful attorney-in-fact and agent with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities, to sign any or all amendments (including any pre-effective
or post-effective amendments) to this registration statement or any related registration statement that is to be effective upon
filing pursuant to Rule 462(b), and to file the same, with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and
perform each and every act and thing requisite and necessary to be done in connection with the above premises, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent
or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.
Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the
capacities and on the dates indicated.
Signature
|
|
Title
|
|
Date
|
|
|
|
|
|
/s/ Theodore Farnsworth
|
|
Chief Executive Officer
|
|
July 2, 2018
|
Theodore Farnsworth
|
|
(Principal Executive Officer), Chairperson
|
|
|
|
|
|
|
|
/s/ Stuart Benson
|
|
Chief Financial Officer
|
|
July 2, 2018
|
Stuart Benson
|
|
(Principal Financial and Accounting Officer)
|
|
|
|
|
|
|
|
/s/ Muralikrishna Gadiyaram
|
|
Director
|
|
July 2, 2018
|
Muralikrishna Gadiyaram
|
|
|
|
|
|
|
|
|
|
/s/ Prathap Singh
|
|
Director
|
|
July 2, 2018
|
Prathap Singh
|
|
|
|
|
|
|
|
|
|
/s/ Gavriel Ralbag
|
|
Director
|
|
July 2, 2018
|
Gavriel Ralbag
|
|
|
|
|
|
|
|
|
|
/s/ Carl J. Schramm
|
|
Director
|
|
July 2, 2018
|
Carl J. Schramm
|
|
|
|
|
EXHIBIT
INDEX
Exhibit Number
|
|
Document Description
|
1.1+
|
|
Form of Underwriting Agreement.
|
2.1.1
|
|
Agreement and Plan of Merger by and among Helios and Matheson Analytics Inc., Zone Acquisition, Inc. and Zone Technologies, Inc. (1)
|
2.1.2
|
|
Waiver and First Amendment to Agreement and Plan of Merger (2)
|
2.1.3
|
|
Acknowledgment of Satisfaction of Condition and Second Amendment to Agreement and Plan of Merger (3)
|
2.2.1
|
|
Securities Purchase Agreement, dated August 15, 2017, by and between HMNY and MoviePass (4)
|
2.2.2
|
|
Amendment No. 1 to Securities Purchase Agreement, dated October 6, 2017, by and between HMNY and MoviePass (5)
|
2.2.3
|
|
Amendment No. 2 to Securities Purchase Agreement, dated December 11, 2017, by and between HMNY and MoviePass (6)
|
3.1
|
|
Certificate of Incorporation of Helios and Matheson Analytics Inc., as amended (7)
|
3.2
|
|
Bylaws of Helios and Matheson Analytics Inc. (8)
|
3.3
|
|
Certificate of Designations of the Series A Preferred Stock (9)
|
4.1
|
|
Specimen Common Stock Certificate (8)
|
4.2*
|
|
Form of Indenture for Debt Securities
|
4.3+
|
|
Form of Debt Securities
|
4.4+
|
|
Form of Certificate of Designation
|
4.5+
|
|
Form of Warrant Agreements (including form of Warrants)
|
4.6+
|
|
Form of Unit Agreement (including form of Unit Certificate)
|
4.7+
|
|
Form of Subscription Rights Agreement (including form of Subscription Rights Certificate)
|
4.8+
|
|
Form of Preferred Stock Certificate
|
5.1*
|
|
Opinion of Greenberg Traurig LLP
|
23.1*
|
|
Consent of Rosenberg Rich Baker Berman P.A., with respect to HMNY audited our consolidated financial statements included in our Annual Report on Form 10-K for the years ended December 31, 2017 and 2016.
|
23.2*
|
|
Consent of EisnerAmper LLP, with respect to the balance sheet of Zone Technologies, Inc. as of December 31, 2015, and the related statements of operations, stockholders’ deficit, and cash flows for the period then ended.
|
23.3*
|
|
Consent of EisnerAmper LLP, with respect to the balance sheets of MoviePass Inc. as of December 31, 2016 and 2015, and the related statements of operations, stockholders’ equity, and cash flows for each of the years then ended.
|
23.4
|
|
Consent of Greenberg Traurig LLP (included in Exhibit 5.1)
|
24.1
|
|
Power of Attorney (included on the signature pages to this registration statement).
|
25.1**
|
|
Form T-1 Statement of Eligibility of the Trustee under the Trust Indenture Act of 1939, as amended
|
+
|
To be filed, if necessary, after effectiveness of this registration statement by an amendment to the registration statement or incorporated by reference to a Current Report on Form 8-K filed in connection with an underwritten offering of the shares offered hereunder.
|
*
|
Filed herewith.
|
**
|
To be filed pursuant to Section 305(b)(2) of the Trust Indenture Act of 1939, as amended.
|
(1)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on July 12, 2016 and incorporated by reference hereto.
|
(2)
|
Previously filed as an exhibit to the Company’s Current Report on Form 8-K filed on August 31, 2016 and incorporated by reference hereto.
|
(3)
|
Previously filed as an exhibit to the Company’s Current Report on Form 8-K filed on September 22, 2016 and incorporated by reference hereto.
|
(4)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on August 15, 2017 and incorporated by reference hereto.
|
(5)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on October 11, 2017 and incorporated by reference hereto.
|
(6)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on December 11, 2017 and incorporated by reference hereto.
|
(7)
|
Previously filed as an exhibit to the Company’s Form 10-K filed on April 14, 2017 and incorporated by reference hereto.
|
(8)
|
Previously filed as an exhibit to the Company’s Form 10-K filed on March 31, 2010 and incorporated by reference hereto.
|
(9)
|
Previously filed as an exhibit to the Company’s Form 8-K filed on June 26, 2018 and incorporated by reference hereto.
|
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