Helios and Matheson Analytics Inc. (Nasdaq: HMNY) (“HMNY”)
announced today that it has filed a universal shelf registration
statement on Form S-3 with the Securities and Exchange Commission
(the “SEC”). Under the shelf registration statement, once the SEC
declares it effective, HMNY may offer and sell, from time to time,
up to $1.2 billion of a variety of its equity and debt securities
over a period of three years.
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Helios and Matheson Analytics Files $1.2
Billion Universal Shelf Registration Statement (Photo: Business
Wire)
Under the shelf registration statement, HMNY will have the
flexibility to publicly offer and sell from time to time common
stock, preferred stock, debt securities, warrants, subscription
rights, units or any combination of such securities. HMNY may
periodically offer one or more of these securities in amounts, at
prices and on terms announced, if and when the securities are ever
offered. The specific terms of any potential future offerings,
along with the intended use of proceeds of any such securities
offered by HMNY, will be described in a prospectus supplement at
the time of any such offering.
The registration statement is intended to provide HMNY
additional flexibility to finance its growth, including the growth
of MoviePass Inc. (HMNY’s movie theater subscription service),
MoviePass Ventures LLC (HMNY’s movie investment subsidiary),
MoviePass Films LLC (HMNY’s original content production
subsidiary), and Moviefone™ (HMNY’s media content advertising
platform).
HMNY’s ability to avail itself of this shelf registration
statement for the purpose of selling its equity securities will
depend, in part, on HMNY obtaining the affirmative vote of its
stockholders at its upcoming special meeting of stockholders (the
“Special Meeting”) to increase its authorized common stock or
effect a combination of its outstanding common stock.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any offer for
sale, or solicitation of an offer to buy, any of these securities
in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities law of any such jurisdiction. Any offering of the
securities covered by the shelf registration statement will be made
solely by means of a prospectus and an accompanying prospectus
supplement relating to that offering. A copy of the prospectus
included in the registration statement may be obtained on the SEC’s
website at www.sec.gov.
Additional Information for Stockholders of HMNY about the
Special Meeting and Where to Find It
HMNY has filed with the SEC a preliminary proxy statement and
will furnish its stockholders with a definitive proxy statement in
connection with the Special Meeting and security holders of HMNY
are urged to read the proxy statement and the other relevant
materials when they become available because such materials will
contain important information about HMNY and its affiliates and the
Special Meeting. The proxy statement and other relevant materials
(when they become available), and any and all other documents filed
by HMNY with the SEC, may be obtained free of charge at the SEC’s
website at www.sec.gov.
In addition, investors may obtain a free copy of HMNY’s filings
from HMNY’s website at www.hmny.com or by directing a request to:
Helios and Matheson Analytics Inc., Attn: Secretary, Empire State
Building, 350 Fifth Avenue, Suite 7520, New York, New York 10118,
(212) 979-8228.
INVESTORS AND SECURITY HOLDERS OF HMNY ARE URGED TO READ THE
PROXY STATEMENT AND THE OTHER RELEVANT MATERIALS WHEN THEY BECOME
AVAILABLE BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH
RESPECT TO THE SPECIAL MEETING PROPOSALS.
Participants in the Solicitation
HMNY and its directors and executive officers may be deemed to
be participants in the solicitation of proxies from the security
holders of HMNY in connection with the Special Meeting. Information
about those directors and executive officers of HMNY, including
their ownership of HMNY securities, is set forth in its annual
report on Form 10-K for the year ended December 31, 2017, which
HMNY filed with the SEC on April 17, 2018. Investors and security
holders may obtain additional information regarding the direct and
indirect interests of HMNY and its directors and executive officers
in the Special Meeting Proposals by reading the proxy statement and
other public filings referred to above.
About Helios and Matheson
Helios and Matheson Analytics Inc. (Nasdaq: HMNY) is a provider
of information technology services and solutions, offering a range
of technology platforms focusing on big data, artificial
intelligence, business intelligence, social listening, and
consumer-centric technology. HMNY currently owns approximately 92%
of the outstanding shares (excluding options and warrants) of
MoviePass Inc., the nation's premier movie-theater subscription
service. HMNY’s holdings include RedZone Map™, a safety and
navigation app for iOS and Android users, and a community-based
ecosystem that features a socially empowered safety map app that
enhances mobile GPS navigation using advanced proprietary
technology. HMNY is headquartered in New York, NY and listed on the
Nasdaq Capital Market under the symbol HMNY. For more information,
visit us at www.hmny.com.
About MoviePass
MoviePass, Inc. (“MoviePass”) is a marketing technology company
dedicated to enhancing the exploration of cinema and the movie
going experience. As the nation's premier movie-theater
subscription service, MoviePass provides film enthusiasts the
ability to attend up to one new movie title per day in theaters.
The service, accepted at more than 91% of theaters across the
United States, is the nation's largest theater network. For more
information, visit www.moviepass.com.
Cautionary Statement on Forward-looking Information
Certain information in this communication contains
“forward-looking statements” about HMNY and MoviePass within the
meaning of the Private Securities Litigation Reform Act of 1995 or
under Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended
(collectively, “forward-looking statements”), that may not be based
on historical fact, but instead relate to future events.
Forward-looking statements are generally identified by words such
as “projects,” “may,” “will,” “could,” “would,” “should,”
“believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans,” “potential” or similar expressions. Such forward-looking
statements include, without limitation, statements regarding the
prospects of HMNY, MoviePass and HMNY’s other subsidiaries and
assets and the ability of HMNY to obtain stockholder approval to
increase its authorized common stock or effect a combination of its
outstanding common stock in an amount that is sufficient for HMNY
to use the shelf registration statement to offer and sell its
equity securities, if and when the SEC declares the shelf
registration statement effective. Statements regarding future
events are based on HMNY’s current expectations and are necessarily
subject to associated risks.
Such forward-looking statements are based on a number of
assumptions. Although management of HMNY believes that the
assumptions made and expectations represented by such statements
are reasonable, there can be no assurance that a forward-looking
statement contained herein will prove to be accurate. Actual
results and developments (including, without limitation, the
declaration of effectiveness by the SEC of the shelf registration
statement, the consummation of any financing under the shelf
registration statement, and HMNY obtaining the affirmative vote of
its stockholders to increase its authorized common stock or effect
a combination of its outstanding common stock) may differ
materially and adversely from those expressed or implied by the
forward-looking statements contained herein and even if such actual
results and developments are realized or substantially realized,
there can be no assurance that they will have the expected
consequences or effects.
Risk factors and other material information concerning HMNY and
MoviePass are described in HMNY’s Quarterly Report on Form 10-Q for
the quarter ended March 31, 2018 filed with the SEC on May 15,
2018, in HMNY’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2017 filed with the SEC on April 17, 2018, and
other HMNY filings, including subsequent current and periodic
reports, information statements and registration statements filed
with the SEC. You are cautioned to review such reports and other
filings at www.sec.gov.
Given these risks, uncertainties and factors, you are cautioned
not to place undue reliance on such forward-looking statements and
information, which are qualified in their entirety by this
cautionary statement. All forward-looking statements and
information made herein are based on HMNY’s current expectations
and HMNY does not undertake an obligation to revise or update such
forward-looking statements and information to reflect subsequent
events or circumstances, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20180702005501/en/
HMNY Contact:The Pollack PR Marketing GroupStephanie
Goldman/Mark Havenner, 310-556-4443sgoldman@ppmgcorp.com/
mhavenner@ppmgcorp.comorMoviePass Contact:LaunchSquad for
MoviePassGavin Skillman, 212-564-3665moviepass@launchsquad.com
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