Home » General World News » As MoviePass investors rage against management, its parent company has delayed a crucial shareholders meeting (HMNY)

As MoviePass investors rage against management, its parent company has delayed a crucial shareholders meeting (HMNY)





MoviePass

  • MoviePass’ parent company, Helios and Matheson Analytics, has postponed its special meeting of stockholders regarding the vote on a 1-for-500 reverse stock split to November 1.
  • The meeting was originally scheduled for Thursday.
  • MoviePass investors have voiced their displeasure with Helios and Matheson about the proposed reverse split on Twitter.

MoviePass‘ owner, Helios and Matheson Analytics, announced in an SEC filing on Tuesday that it was postponing the special meeting of stockholders regarding the vote on a proposed 1-for-500 reverse stock split.

Originally scheduled for Thursday, it will now take place two weeks later on November 1.

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Source:: BusinessInsider.Com

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