Friday, October 05, 2018 8:57:46 PM
$65 million raised from dilution.
Same chit different day...On October 18th meeting will be held. On October 19th a reverse split will be effective at 4:01 at a ratio of 1:500
"On July 23, 2018, Helios and Matheson Analytics Inc. (“we” or the “Company”) held a special meeting of stockholders. At the special meeting, the stockholders approved, among other things, a proposal authorizing the Company’s Board of Directors, in its discretion, to effect a reverse stock split of the Company’s outstanding shares of common stock, par value $0.01 per share (the “Common Stock”) at a ratio of 1 share-for-2 shares up to a ratio of 1 share-for-250 shares to be determined by the Board of Directors. Accordingly, on July 23, 2018, the Board of Directors approved a 1 share-for-250 shares reverse stock split of the Common Stock (the “Reverse Stock Split”) and the filing of a Certificate of Amendment to the Certificate of Incorporation of the Company to effectuate the Reverse Stock Split.
A Certificate of Amendment to the Certificate of Incorporation authorizing the Reverse Stock Split was filed with the Secretary of State of the State of Delaware on July 24, 2018, and the Reverse Stock Split became effective in accordance with the terms of the Certificate of Amendment at 4:01 p.m. Eastern Time on July 24, 2018 (the “Effective Time”)."
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