Hi! Welcome Back and Stay Tune! MoviePass’ parent company wants approval for a dramatic reverse stock split of up to 1-for-500, just months after its 1-for-250 one failed to stabilize the stock - Mukah Pages : Media Marketing Make Easy With 24/7 Auto-Post System. Find Out How It Was Done!

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MoviePass’ parent company wants approval for a dramatic reverse stock split of up to 1-for-500, just months after its 1-for-250 one failed to stabilize the stock

In a filing to the SEC on Monday, MoviePass' parent company Helios and Matheson stated that it will look to approve up to a 1-for-500 reverse stock split in hopes to help its failing stock during a special meeting with stockholders in October.

✍ Source Link : ☕ Business Insider Malaysia

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