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MoviePass Owner Files For A Spinoff

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Helios and Matheson Analytics is the parent company of MoviePass. On Thursday, it had sent a registration statement to the Securities and Exchange Commission to make MoviePass a separate public company. Business Insider reports the he new company would take ownership shares of MoviePass and other film-related assets held by HMNY. It would be a wholly owned subsidiary of HMNY. HMNY is currently trading under $0.02 per share and is in imminent danger of being kicked off the Nasdaq.

Added on the 17/01/2019 14:32:22 - Copyright : Wochit

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