Helios and Matheson Analytics Inc (HMNY)

[Moeclay]

It's going right back up tomorrow...short at your own risk!

They're selling 35,629,454 shares for the price of which they hope will be $4.21 per share, totaling $150,000,000. But at the same time it's an at-the-market (ATM) offering. https://en.wikipedia.org/wiki/At-the-market_offering

"88,626,085 shares of common stock (as more fully described in the notes following this table), assuming the sale by us of 35,629,454 shares of common stock in this offering at an assumed offering price of $4.21 per share, which was the last reported sale price of our common stock on the Nasdaq Capital Market on April 16, 2018, for aggregate proceeds of up to $150,000,000. The actual number of shares issued will vary depending on the sales price under this offering."

Realistically someone (Verizon) can buy all 35 million shares and take a 40% ownership stake in HMNY; which is where the "A" & "B" warrants come in to play.

"We are also offering to those purchasers whose purchase of Series A-2 Units in this offering would result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 9.99% of our outstanding common stock following the consummation of this offering, in lieu of Series A-2 Units that would otherwise result in ownership in excess of 9.99% of our outstanding common stock, Series B-2 units (the “Series B-2 Units,” and together with the “Series A-2 Units”, the “Units”), with each Series B-2 Unit consisting of (i) one pre-funded Series B-2 Warrant to purchase one share of common stock (the “Series B-2 Warrants,” and together with the Series A-2 Warrants, the “Warrants”) and (ii) one Series A-2 Warrant."

Tomorrow should be fun...If today's afterhours price reflects tomorrow's premarket price, it's load the boat time.