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Just two months after withdrawing a similar proposal, MoviePass owner Helios and Matheson is again seeking investor approval to reverse split its shares.
A MoviePass product manager resigned and blasted its leadership in a scathing letter emailed to all staff
A MoviePass product manager, Eric Jeng, emailed a powerful letter to staff before resigning. In it, he detailed why he thinks the leadership is failing.
MoviePass could be delisted from the stock market soon. Here’s what that could mean for the company and its beleaguered investors
Helios and Matheson had until Tuesday to get its stock above $1 a share. It failed. That's put it in danger of being dropped by the Nasdaq in the near future.
Nasdaq gave Helios and Matheson 180 days to get its stock back above $1 a share. It didn't, and Nasdaq doesn't believe it will.
MoviePass’ parent company just bought itself more time to live, but it’s still in imminent danger of being kicked off the stock exchanges
Helios and Matheson, which owns MoviePass, reached an agreement with its creditors to reduce its debt and cancel all of its convertible notes. But it still faces delisting from Nasdaq, and soon.
After losing 99% of its value, MoviePass’ parent company is getting ready to ask shareholders to support its CEO and approve his pay
However, Helios and Matheson — which bought MoviePass in mid-2017 — declined to try again to get investors to approve a reverse stock-split proposal.
MoviePass has released details about its new three-tier pricing plan that ranges from $9.95 to $19.95 beginning January 1.
MoviePass may have found a way to stop losing money on every subscriber, but it could lead to the company’s demise
As MoviePass continues to lose millions of dollars, the company's average monthly usage fell below one movie a month in September.
MoviePass’ owner lost $130 million last quarter, as it saw a ‘significant decline’ in subscribers and 2 more board resignations
MoviePass' owner, Helios & Matheson, released its quarterly report and it wasn't pretty. Approximately $130 million loss and there was a "significant decline" in subscribers.
MoviePass’ parent company has canceled a long-delayed shareholders vote, as it tries desperately to stay on the Nasdaq
After delaying it twice, MoviePass parent company Helios and Matheson have canceled a shareholders vote on its reverse-split plan.