1. reverse stock split

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    11. Helios and Matheson Hires a Second Proxy Advisor

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      Helios and Matheson Hires a Second Proxy Advisor
      The parent company of MoviePass gave another indication Thursday that it's struggling to convince shareholders to back its plan to reverse-split its stock for the second time in four months. Helios and Matheson, which bought a controlling stake in the subscription movie ticket service last year, has hired a second firm to help it collect investor votes, it announced..
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      Mentions: Proxy Advisory stake MoviePass

    12. Investors Seem to be Balking at MoviePass' Parents' Plans to Reverse Split its Stock Again — And for Good Reason

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      Investors Seem to be Balking at MoviePass' Parents' Plans to Reverse Split its Stock Again — And for Good Reason
      Helios and Matheson, the parent company of MoviePass, is seeking to boost its share price through another reverse-split of its stock. Two of the major research firms that offer investors advice on shareholder votes back the reverse-split proposal. Even so, investors appear dubious of it. They have good reason to oppose it it would free the company up to issue billions of new shares of stock after it's already ...
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  3. Related Topics

    1. Investors Seem to be Balking at MoviePass' Parents' Plans to Reverse Split its Stock Again — And for Good Reason
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  4. Quotes about reverse stock split

    1. The Company would be required to notify the Nasdaq Stock Market LLC of its intent to cure the deficiency during the second compliance period, which may include, if necessary, implementing a reverse stock split.
      In MoviePass' Parent Company Has Canceled a Long-Delayed Shareholders Vote, as it Tries Desperately to Stay on the Nasdaq
    2. We believe that a reverse stock split could increase the market price of our common stock sufficient to satisfy [Nasdaq's] minimum bid price requirement in the near term.
      In MoviePass Executives are Making One More Last-Ditch Effort to Save the Stock From Being Delisted