MoviePass™ and MoviePass Films' Parent Company Raises $6 Million in New Round of Financing
HELIOS&MATHESON ANALYTICS (HMNY)
US:NASDAQ Investor Relations:
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- MoviePass™ and MoviePass Films’ parent company, Helios and Matheson Analytics Inc. (OTC: HMNY) (“Helios”), today announced it has raised a $6 million new round of financing. Helios plans to use the net proceeds of the financing to accelerate MoviePass’ product development, fine tune its subscription technology, and increase MoviePass Films’ investment in new films. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190326005557/en/ MoviePass (TM) and MoviePass Films' parent company raises $6 million in new round of financing. (Photo: Business Wire) H.C. Wainwright & Co. acted as Helios’ exclusive placement agent for the offering. Palladium Capital Advisors, LLC served as Helios’ financial advisor for the offering. The closing of the offering occurred on March 25, 2019. “We are building the infrastructure, data and t
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