MoviePass Shareholders Approve 2 Measures to Keep the Company From Being Kicked off its Stock Exchange
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- Helios & Matheson investors — which own 92% of MoviePass — approved two measures designed to help the company avoid delisting on Monday.
- Shareholders approved the possibility of issuing 4.5 billion new shares, as well as a possible reverse stock split.
- The stock has fallen dramatically in the past year, and now trades 99% off its high record high near $40...