December 2017
Helios and Matheson Analytics Inc.
Canaccord Genuity acts as Sole Book-Running Manager on US$60.0 million best efforts public offering of common stock and warrants for Helios and Matheson Analytics Inc.
Canaccord Genuity is pleased to announce that on December 13, 2017, it acted as sole book-running manager on the US$60 million best efforts public offering of common stock and warrants for Helios and Matheson Analytics Inc. (NASDAQ: HMNY) (“HMNY”), a provider of information technology services and solutions and a majority owner of MoviePass Inc. (“MoviePass”), the nation’s premier movie-theater subscription service. The proceeds of the offering will be used to increase the Company’s ownership stake in MoviePass or to support the MoviePass operations; to satisfy a portion or all of the amounts payable in connection with its outstanding convertible notes, to the extent that they remain outstanding; and for general corporate purposes.
This transaction follows the successful closing in November 2017 of HMNY’s $100 million convertible note PIPE transaction, a deal in which Canaccord Genuity served as Sole Agent to HMNY.