MSK Represents Helios and Matheson Analytics Inc. in Deal to Acquire Majority Stake in MoviePass™, Unlimited Movie Subscription Service
MSK client Helios and Matheson Analytics Inc. (Nasdaq: HMNY) has entered into a definitive agreement to acquire a majority stake in movie subscription technology company MoviePass Inc. for $27,000,000 of cash and stock of HMNY. The deal further implements HMNY’s growth strategy of expanding into industries with opportunities for big data and artificial intelligence innovations.