Helios and Matheson Analytics Inc (HMNY)

[Rsarabjit]

6.2 million paid back

Link: http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12886246&RcvdDate=8/1/2018&CoName=HELIOS %26 MATHESON ANALYTICS INC.&FormType=8-K&View=html

As reported in a Form 8-K filed on July 27, 2018, Helios and Matheson Analytics Inc. (the “Company”) issued a demand note (the “Demand Note”) to the Holder in the principal amount of $6.2 million (the “Demand Note”). Pursuant to the terms of the Demand Note, the Holder could demand payment of $3.1 million on or after August 1, 2018 and any remaining amounts outstanding on or after August 5, 2018. On July 31, 2018, the Company paid in full the $6.2 million outstanding under the Demand Note.
 
As of July 31, 2018, there were 6,687,647 shares of the Company’s common stock outstanding.